About the Fog Software Group
(Formerly Friedman Operating Group)
The Fog Software Group acquires, manages, and builds software companies in a variety of vertical markets, enabling them to be clear leaders in their industries. Our companies provide mission-critical enterprise solutions for vertical industries across the entire industry value chain.
As an operating group of Vela Software Group, the Fog Software Group is all about strengthening businesses within the markets in which we compete and enabling them to grow – whether through organic measures such as new initiatives and product development, day-to-day business, or through acquisitions.
We look for investment opportunities in companies, technologies or ideas that add value to these markets and we invest in our companies for the long-term. By tailoring our approach to each opportunity, we offer flexible terms that address the needs of businesses at any stage of growth. Learn more about our acquisition philosophy, and contact us to discuss growth opportunities for your business.
About Vela Software
Vela Software Group is a global provider of software solutions to a number of vertical industries. As an operating group of Constellation Software Inc., Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions.
Vela companies invest in becoming leaders in their industries to better serve their customers. We help companies improve their operations, grow through organic initiatives, and seek acquisitions that can strengthen their market position.
About Constellation Software
Constellation Software is the corporate parent of the Fog Software Group. Constellation Software is a publicly-traded (TSX:CSU) international provider of market leading software and services to a select number of industries, both in the public and private sectors. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries.
Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base comprised of over 30,000 customers operating in over 30 countries around the world.
We have six operating groups which currently service customers in over 30 different markets worldwide. We aggregate our business into two distinct segments for financial reporting purposes:
(i) the public sector segment, which includes businesses focusing upon government and government-related customers, and
(ii) the private sector segment, which includes businesses focusing upon commercial customers.
Constellation has seven operating groups in over 60 vertical markets. The Friedman Operating Group is one of three operating groups serving the private sector segment.
With our headquarters in Toronto, Canada, and 200 offices in North America, Europe and Australia, Constellation has over 8,200 employees worldwide generating consolidated revenues exceeding US$1.5 billion.