Washington (February 1, 2009) – FOCUS LLC, a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Global Software Corporation has been acquired by Harris Computer Systems, a division of Constellation Software, Inc. FOCUS represented Global Software Corporation in this transaction.
Harris Computer Systems is a wholly owned subsidiary of Constellation Software, Inc. and a leading provider of financial management and customer information systems software solutions. Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to all levels of local government, public power and water entities as well as school districts throughout North America.
Global Software Corporation is a leading provider of law enforcement records management, computer aided dispatch and jail management software solutions to the public safety market.
Jeff Bender, CEO of Harris stated, “We are very pleased to add Global Software to the Harris family of solutions and have been interested in the public safety market for some time. Global provides Harris with another avenue for growth. We will build on Global’s strong, well established customer base and leverage their flagship product line enhanced for today’s technology requirements.”
Doug Rodgers, CEO of FOCUS, added, “Deals like this illustrate that good deals can still be completed, despite the difficult economic environment. It is worth noting that this is the second transaction on which we advised in 2009, (in addition to Dell Computer’s acquisition of Allin Corp) and both deals have been purchased by strategic public company acquirors. We believe strategic buyers, both public and private will be key buyers in the majority of transactions in 2009.”
About FOCUS LLC
FOCUS LLC provides a range of middle market investment banking services with an emphasis on mergers, acquisitions, divestitures and corporate finance. FOCUS is headquartered in Washington, D.C. with regional offices in Atlanta, Chicago, Los Angeles and San Francisco. FOCUS specializes in business units with transactions or revenues in the $5-300 million range, serving entrepreneurs, corporate owners and various types of investors across a broad range of industries, throughout the U.S. and worldwide. FOCUS bankers are seasoned operating and financial executives with extensive transaction experience. Securities transactions conducted by Wm. H. Murphy & Co., Inc. registered Broker Dealer member FINRA/SIPC. For more information on FOCUS, visit www.focusbankers.com.