Introducing Omegro: A Global Collective of Technology Businesses Offering a Permanent and Safe Home to Provide Long-Term Sustainable Growth for the World’s Most Impactful Software Companies
25 Juni 2024 - 1:00PM
Today marks the official launch of Omegro, a new, global
organization bringing together businesses from Volaris, an
operating group of Constellation Software Inc. (TSX: CSU), that
support customers across all aspects of the supply chain and
supporting eco-system.
Omegro’s businesses offer a wide range of software applications
such as warehousing & inventory control, ERP & CRM, fleet
& logistics management, asset maintenance and process
automation. Kevin Bradley and Troy O’Connor have
been named Co-CEOs.
Omegro is home to more than 30 business units representing over
15,000 customers, 2,000 employees, operating from 40 offices and
serves customers in more than 70 countries around the world.
Today’s launch of Omegro, brings these businesses together under a
global values-based banner, with a people-first focus to provide a
permanent and safe home for software companies seeking to continue
their legacy and provide long-term sustainable growth for their
people and their businesses.
Omegro’s businesses maintain their brands and continue to
service customers with the support of a larger organization with
Omegro. Businesses can access Omegro’s best practices, industry
leadership and global presence.
Omegro is made up of Adapt IT, Akuiteo, AMS Life Insurance and
Workforce Management, CentroAssist, CPR Vision, Drams, Evolis, FIVE
x 5, Gaina, Helm, Holocentric Enterprise and Holocentric Federal
Government, IDEA, Incom, Infoview, Lutra, Shipnet, Smartrak,
Spectec and Spectec Cruise, ValuePro and Worldwide Chain
Stores.
Kevin Bradley and Troy O’Connor have been named Omegro’s Co-CEOs
responsible for capital generation and capital deployment
respectively. Both Bradley and O’Connor have deep global experience
managing software businesses across the wide spectrum of software
solutions.
Bradley has had an impressive career leading successful software
businesses across multiple sectors including financial services,
supply chain and FMCG. Having joined Constellation Software Inc.
over a decade ago through acquisition and having acquired and grown
multiple businesses along the way, Bradley is an expert on the best
practices required to run a world-class software business.
“Omegro’s operational expertise, global reach, and commitment to
talent development make it a great home for software companies. We
recognize that each business we acquire has spent many years to
build their own unique culture and as a Culture of Cultures, we
want to protect that; we want to grow that, and we want to retain
that brand identity within the wider family of Omegro.”
O’Connor’s career spans over 25 years in the software industry
having started in consulting before spending 10+ years as a
co-founder of a software business. He joined Constellation
Software Inc. in 2017 via the acquisition of Smartrak, where he was
the CEO. Smartrak remains an Omegro portfolio company
today. During his time at Constellation Software, O’Connor has
had senior roles across both operations and M&A that has
included leading numerous acquisitions of Omegro portfolio
companies. “Omegro provides founders and professional CEOs a
permanent and safe home where they can continue their legacy and
commitment to a journey of continuous improvement in their people
and their businesses,” said Troy O’Connor, Co-CEO, Omegro, “As we
never sell a business, we are able to support permanent growth that
is repeatable over the long term.”
Commenting on the launch, Mike Dufton, CEO of Volaris Group
said, “We have purposefully created an environment of decentralized
growth at Constellation Software, where our portfolios can create
unique cultures, all bound by our commitment to buy and hold great
software companies. I’m inspired by Troy and Kevin’s commitment to
excellence and their unrelenting focus on talent, leadership
development and growth. The Omegro family of companies have not
only a permanent and safe home for their teams and technology, but
also a thriving culture of growth that extends to both the
businesses we own and the leaders and teams that run them.”
Dufton continued, “I think the time is right for the creation of
Omegro and I’m proud of the role that Volaris Group has played in
incubating this great collective of companies.”
About OmegroOmegro, a portfolio within
Constellation Software Inc. (TSX: CSU), is a people first, buy and
grow acquirer of software companies looking for a permanent and
safe home to continue their legacy and provide long-term
sustainable growth for their people, their business, and their
stakeholders. For more information visit www.omegro.com.
For further information:Lynne SalmonChief
Marketing Officer+61 432 421 408lynne.salmon@omegro.com
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