News

Melbourne, Australia – June 4, 2019 – Vela Software Australia announced today that it has acquired the heritage enterprise retail software business assets and employees of H&C Holdings (which trades of Surefire) . The developers of the Surefire product, a robust, powerful enterprise-grade Point of Sale solution that helps customers successfully manage head office, back office and Point of Sale functions with 100% up-time.

“Surefire is a tremendous team of individuals that due to their domain knowledge and close relationships with their clients have had great success in the market. All characteristics we value highly. We are excited to welcome them to the Vela family and look forward to working closely with them” said Ian Whiting, CEO of Vela Australia. “We know that the leadership at Surefire have set high goals for themselves to achieve their vision and provide great value to their clients and we are happy to assist in that focus”.

Dale Corrigan, Founder of H&C Holdings said “This is superb news for clients and staff  supporting the Client/Server suites of Software Solutions. The Vela philosophy of ‘buy and hold forever’ and their financial strength were key factors for me in deciding to allow the acquisition by Vela. These characteristics will underpin the long-term relationships that have been developed with its loyal client base. As part of the Vela family, the teamwill further develop its award-winning products and expand the software’s reach. The staff are looking forward to working with the Vela team.”

About Vela Software:

Vela Australia acquires, manages, and builds mission-critical vertical market software businesses. We are a portfolio of Wholesale and Distribution, Fashion and General Retail, and Light Manufacturing software businesses that have a presence in Australia, New Zealand and the Asia-Pacific. We provide vertical market software expertise, operational support, and capital to help our businesses grow organically and through acquisitions.

Vela is an operating group of Constellation Software Inc. (TSX: CSU), a public company listed on the Toronto Stock Exchange.

Further information concerning Vela Software Australia may be obtained through their website at www.velasoftwaregroup.com.au

 

About Surefire:

H&C Holdings (trading as Surefire) is a premier provider of enterprise POS solutions for high volume retail customers.  Founded in 1999, Surefire has grown through solving complex problems for retail customers.  Further information concerning Surefire may be obtained through their website at www.Surefirefiresystems.com

 

CONTACT:
Nelson Ball
Acquisition Manager
Vela Software Australia
nelson.ball@velasoftwaregroup.com.au

For Surefire Media and other enquiries:
Emily Adams
General Manager
emily.adams@surefiresystems.com