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New Deal


Announced

N. Harris Computer to acquire NexJ Systems for $12m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium45%
One Off Charge-

Tags

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Majority

Friendly

Canada

Single Bidder

Acquisition

Domestic

Public

Pending

Software

customer management

Synopsis

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N. Harris Computer, a software company, agreed to acquire NexJ Systems, a provider of intelligent customer management software for financial services, for $12m. "Constellation's buy and hold investment strategy and commitment to providing customers software for life makes Harris a perfect permanent owner of NexJ. NexJ prides itself in its 'customer-first' mentality. Once NexJ is acquired by Harris, our customers who rely on our technology to support the day-to-day operations of their business will continue to receive exceptional dedicated support and services for all NexJ products," Paul O'Donnell, NexJ CEO.

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