Pender Growth Fund Inc V.PTF

Constellation Software?

[prophetoffactz]

Based on the information provided, it appears that Pluribus Technologies was indeed attempting to build a company with similarities to Constellation Software's model:

1. Pluribus had acquired multiple technology companies across different sectors, including e-commerce, housing management, document management, and restoration industry software
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2. The acquired companies were all cash flow positive, indicating a focus on profitable businesses
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3. The companies operate in niche markets, providing specialized software solutions for specific industries or use cases
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4. Pluribus maintained the existing management teams of the acquired companies, which is a common practice in the Constellation Software model
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5. The diverse nature of the acquired companies suggests a strategy of building a portfolio of vertical market software businesses, similar to Constellation Software's approach.

However, the fact that Pluribus is now selling these companies to Pender Growth Fund suggests that they may have faced challenges in executing this strategy or decided to change their business direction. The creation of Pender Software Holdings Ltd. to manage these acquisitions indicates that Pender Growth Fund and Acorn Partners may be attempting to continue a similar strategy of operating and growing these diverse software businesses

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