OMERS Private Equity Announces Private Placement of Constellation Software Inc. Common Shares
TORONTO, ONTARIO--(Marketwire - May 18, 2012) -OCP CSI Investment Holdings Inc. ("OMERS Private Equity"), has entered into a private placement transaction with an institutional investor (the "Investor") pursuant to which OMERS Private Equity has sold to the Investor 994,800 of the Constellation Software Inc. ("Constellation" or the "Company") common shares held by OMERS Private Equity for an aggregate purchase price of $89,532,000. The transaction is expected to close on or about May 18, 2012. After giving effect to this private placement, OMERS Private Equity owns 4,329,227 common shares of Constellation, representing approximately 20.43% of the outstanding common shares of the Company. In connection with the transaction, RBC Capital Markets acted as the sole agent for OMERS Private Equity.
About OMERS Private Equity Inc.
Operating under the OMERS Worldwide brand, OMERS Private Equity today manages the private equity activities of OMERS and has over $6.3 billion of investments under management. The group's investment strategy includes the active ownership of businesses in North America and Europe. OMERS Private Equity is headquartered in Toronto, Canada, with offices in New York and London. For further information visit: www.omerspe.com.
OMERS is one of Canada's largest pension funds with over $55 billion in net assets. It provides first-class pension administration and innovative products and services to 420,000 members. Approximately one in every 20 employees working in the province of Ontario is an OMERS member. Through the OMERS Worldwide brand, our team of investment professionals uses a direct drive, active management investment strategy to invest in public and private market assets, including publicly-traded equities, fixed-income, infrastructure, private equity and real estate. For further information visit: www.omers.com or www.omersworldwide.com.