FOG Announces Acquisition of Quadrature S.A.

Pohlheim, Germany (16 July 2020) — FOG Software Group (“FOG”), a division of Vela Software, and Constellation Software, Inc. [TSX: CSU] today announced that it has completed the acquisition of Quadrature S.A. (“Quadrature”).

Gosselies, Belgium-based Quadrature is a leader in software for the windows and doors industry. Their WinPro Corporate software is an enterprise solution used in the windows and doors industry and by traditional dealers for selling, designing, producing, and delivering windows.

Following the acquisition, Quadrature will operate as an independent division of FOG. The company will continue to develop, enhance, service, and support their range of software solutions in providing a competitive edge to customers.

“We are pleased to welcome Quadrature with their innovative software and focus on quality, execution, and customers,” said Peter Dixen, FOG Software Group Portfolio Manager for Logistics & Manufacturing EMEA. “Quadrature is very complementary to our growing portfolio of software solutions for the windows industry. Their problem-solving solutions bring added depth to the vertical markets that we currently serve.”

“We are delighted for Quadrature to join the FOG portfolio,” said Henri Picot, CEO and founder of Quadrature. “Quadrature’s unique approach to the windows and doors industry will add value to the FOG network, while Quadrature staff and customers alike will benefit from FOG’s financial support and well-honed management best practices.”

About FOG Software Group
Rosemont, IL-based FOG Software Group is a division of Toronto-based Vela Software <velasoftwaregroup.com> and Constellation Software, Inc. [TSX:CSU]. The companies acquire, manage, and build software companies in a variety of vertical markets. By helping their acquired companies improve operations, grow through organic initiatives, and seek additional acquisitions that can strengthen their market position, their portfolio companies become clear leaders in their industries.

About Quadrature S.A.
Quadrature provides enterprise software solutions to the windows and doors industry and dealers. The company’s head office is in Belgium with technical offices in France, Spain, Netherlands, and Poland. For over 20 years, Quadrature has provided innovative software solutions and technical know-how for the windows and doors industry.
To learn more, visit http://www.winpro.be

July 16, 2020