TORONTO, ON, September 11, 2017 – Constellation Financing Systems, provider of software solutions for equipment and commercial finance companies, has acquired the business of Vision Commerce.
Vision Commerce, based in St. Louis, Missouri, with customers throughout the United States and Canada, is a leading and respected provider of lease and loan originations software to bank leasing, manufacturer financing and independent loan companies in North America. Company founder Steve Lundergan and the rest of the Vision Commerce team will bring 30 years of experience in the leasing industry to Constellation.
“Vision will join Constellation Financing Systems, a group comprised of several software products designed specifically for financial services. The acquisition of Vision extends our footprint in the equipment finance industry and will help to make our customers more successful. We welcome the Vision employees, customers and products to Constellation.” said Cha Loh, Vice President of Constellation’s Financing Systems.
“The entire team at Vision Commerce is excited to become part of the Constellation family of companies”, said Steve Lundergan, President of Vision Commerce. “Combining Constellation’s reputation, resources and complementary product lines with our originations solution will allow Vision to expand our offering to the equipment leasing industry. This is a great strategic move at the perfect time in the market for Vision, our clients and our future.”
This acquisition expands Constellation Financing Systems’ market presence in asset financing software and will benefit both current and future customers of Vision Commerce and Constellation Financing Systems.
About Constellation Financing Systems:
Constellation Financing Systems builds software solutions for public and private equipment finance and commercial finance companies. Constellation Financing Systems is part of the Perseus operating group of Constellation Software Inc., an international software company traded publicly on the Toronto Stock Exchange. Perseus acquires, manages, and builds software businesses which provide specialized, mission-critical software solutions.