MONTREAL — Retail support and POS provider Acceo Solutions Inc. has been acquired by Constellation Software Inc., through its wholly-owned subsidiary N. Harris Computer Corp. Harris has agreed to purchase all the assets and shares of Acceo for $250 million.
Acceo provides management, accounting and payments, consulting, and support for e-business to small and medium businesses, specializing in hardware and home improvement centres, retail, public sector, daycare centres, and tour operators. Sales last year totalled about $116 million. Harris owns a number of software companies, serving industries in utilities, healthcare, and the public sector, especially in Quebec.
Expressing his confidence in the benefits of the takeover, Acceo CEO Gilles Létourneau noted that his company has “numerous products that are complementary and will contribute to growth opportunities.”
“The Acceo software solutions are supported by a group of experienced and dedicated employees as well as relied upon by many loyal customers,” said Jeff Bender, CEO of Harris. “We will be engaging with both to support them now and into the future.”
