Constellation Software Inc. (“Constellation”) , announced its wholly-owned division Vela Operating Group (“Vela”) and its subsidiary Aquila Software (“Aquila”) has acquired IN2 Group (“IN2”), a business providing solutions to the Government, Finance, Insurance, Healthcare, Corporate and other industries within the Adriatic region and headquartered in Zagreb, Croatia.
JPM M&A team led by Senior Partner Jelena Gazivoda and partner Nikola Djordjevic provided full legal support in the acquisition of Belgrade-based company IN2 Informaticki Inzenjering, founded by the Croatian software group in 2009 and known in the Serbian market for its solutions in the public sector, insurance, pension and investment funds and ERP and BI solutions.The IN2 Group has over 650 employees in the region, of which 45 in Serbia.
Constellation Software is a global group, headquartered in Toronto, Canada. It was founded in 1995. Through organic growth and acquisitions, it has grown into a company with over 13,000 employees in more than 200 companies on five continents.