M&A Deal Summary

Constellation Software Acquires Black Knight - Empower LOS Business

On March 7, 2023, Constellation Software acquired information technology company Black Knight - Empower LOS Business from Black Knight

Acquisition Highlights
  • This is Constellation Software’s 4th transaction in the Information Technology sector.
  • This is Constellation Software’s 34th transaction in the United States.
  • This is Constellation Software’s 4th transaction in Florida.

M&A Deal Summary
Date 2023-03-07
Target Black Knight - Empower LOS Business
Sector Information Technology
Buyer(s) Constellation Software
Sellers(s) Black Knight
Deal Type Divestiture

Target

Black Knight - Empower LOS Business

Jacksonville, Florida, United States
Black Knight’s Empower loan origination system (LOS) business, including its Exchange, LendingSpace and AIVA solutions based in Jacksonville, Florida.

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Buyer(S) 1

Buyer

Constellation Software

Toronto, Ontario, Canada
Category Company
Founded 1995
Sector Software
Employees19,000
Revenue 8.4B USD (2023)
DESCRIPTION

Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries. Constellation Software was founded in 1995 and is based in Toronto, Ontario.

DEAL STATS #
Overall 48 of 48
Sector (Information Technology) 4 of 4
Type (Divestiture) 9 of 9
State (Florida) 4 of 4
Country (United States) 34 of 34
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 RBRO Solutions

Pickering, Ontario, Canada

RBRO Solutions is a web-based document and email management provider for the legal and financial industries, RBRO serves professional firms looking for secure file collaboration, knowledge management, and information governance solutions. RBRO was founded in 2003 and is based in Pickering, Ontario.

Buy -

Seller(S) 1

SELLER

Black Knight

Jacksonville, Florida, United States
Category Company
Founded 2013
Sector Information Technology
Employees6,500
Revenue 1.5B USD (2021)
DESCRIPTION
Black Knight's corporate headquarters in Jacksonville, Florida.
Black Knight's corporate headquarters in Jacksonville, Florida.

Black Knight is a provider of integrated technology, services and data solutions that facilitate and automate many of the business processes across the entire loan lifecycle. Black Knight was founded in 2013 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 2
Type (Divestiture) 2 of 3
State (Florida) 2 of 2
Country (United States) 2 of 3
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-18 TitlePoint

Jacksonville, Florida, United States

TitlePoint is a provider of automation and efficiency in title searching and order management.

Sell $225M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-15 Optimal Blue

Plano, Texas, United States

Optimal Blue operates mortgage secondary marketing technology & facilitates transactions among mortgage market participants through its Marketplace Platform, actionable data, and technology vendor connections. Optimal Blue was formed in 2002 and is based in Plano, Texas.

Sell -
Mergr

Product

Company

Legal