This transaction represents an exciting milestone for TSI as it is the first acquisition made by them within Constellation Software, only two years after becoming part of Juniper Group. This investment will allow TSI to reinforce its strategic value proposition to its customers within the aviation industry and consolidate its footprint in northwestern Europe.

Mr. Karthik Doraiswamy, CEO of TSI stated: "The acquisition of AIS brings us complementary software solutions to those formerly build and provided by TSI in the aviation vertical. AIS has developed a great product suite in terms of functionality and user requirements that has been continuously upgraded in cooperation with a loyal and long-lasting customer base".

“On behalf of Juniper Group, I want to thank Mr. Rick Goold for his entrepreneurial leadership and his hard work over the last 30 years which resulted in the company that AIS is today. The team will continue developing existing and additional capabilities and bringing our increased scale and best practices to bear upon the business”, said Mr. Doraiswamy.

Mr. Goold will be stepping down as CEO looking forward to retirement, passing the baton to Mr. Doraiswamy, so he can lead AIS through its next phase of growth. Mr. Goold will stay close to the business and AIS’ customers ensuring a smooth transition during the integration period.

About AIS: AIS is a leading supplier of Integrated Airport Management Systems, successfully providing solutions for 30 years. AIS products represent the very latest in airport management software and consist of a set of integrated modules to fully cater for an airport’s operational and data management needs.

About Juniper Group: Juniper Group, an operating group of Vela Software and Constellation Software, Inc. [TSX:CSU], is one of the leading software travel and aviation conglomerates worldwide, among other relevant verticals such as healthcare, finance, banking, insurance and oil & gas. Juniper Group, currently comprised of over 1,200 employees all over the world, invests in and partners with software businesses permanently, serving customers in specific or adjacent industry verticals.

For media enquiries please contact:
Vanesa Espinosa | VP Governance & Organization | Juniper Group
Email: vanesa.espinosa@juniper-group.com