TORONTO, Oct. 27, 2020 (GLOBE NEWSWIRE) — Volaris Group (“Volaris”) right this moment introduced Lumine Group (“Lumine”) a brand new model for its Communications & Media Portfolio. Lumine will construct on Volaris’ success within the communications and media vertical.
“Lumine’s imaginative and prescient is to create a worldwide ecosystem to assist speed up the expansion and internationalization of communications and media software program companies,” says David Nyland, President of Lumine Group. “Companies can leverage international sources together with product innovation, prospects and channels, assist to enter new geographies, and a wealth of domain-specific greatest practices to scale effectively.”
Since 2013, Lumine has constructed a international portfolio of complementary communications and media software program companies, finishing 16 acquisitions with workers in over 30 international locations. The portfolio encompasses a worldwide community of consumers, together with tier-1 operators the world over.
“Lumine brings collectively a mixture of progressive expertise, nice expertise, and trade experience beneath a single banner,” says Mark Miller, CEO of Volaris Group, and COO of Constellation Software program. “The Lumine workforce will proceed our legacy on this area, deploying Volaris best-practices and our profitable buy-and-hold-forever system.”
Lumine takes root from the phrase “illuminate,” reflecting Lumine’s mission to light up the potential of the companies they purchase. Lumine acts as a guiding gentle to companies, offering the experience and sources to assist long-term, sustainable success.
Lumine is at present residence to award-winning communications and media software program companies corresponding to Incognito Software program Programs, MDS International, and Velocix. To study extra about Lumine’s portfolio of companies, visit here.
Lumine will proceed to function beneath the buy-and-hold ceaselessly acquisition philosophy as a division of Volaris Group & Constellation Software program Inc.
About Lumine Group
Lumine Group is the worldwide main acquirer of communications & media software program companies. Lumine Group architects the way forward for connectivity within the communication and media trade by offering an ecosystem with entry to a community of world, like-minded professionals, prospects, and companions. Lumine Group is a division inside Volaris Group, a subsidiary of Constellation Software program Inc. (TSX:CSU). Be taught extra at www.luminegroup.com.
About Volaris Group
Volaris acquires, strengthens, and grows vertical market expertise firms. As an Working Group of Constellation Software program Inc. (TSX:CSU), Volaris is all about strengthening companies throughout the markets they compete and enabling them to develop – whether or not that progress comes by natural measures corresponding to new initiatives and product growth, day-to-day enterprise, or by complementary acquisitions. Be taught extra at www.volarisgroup.com.
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