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Consolidation Takes a New Form: BiblioCommons Acquired by Constellation Software

Smart Libraries Newsletter [March 2020]


Abstract: BiblioCommons, a Toronto-based company providing a suite of applications and interfaces for public libraries, has been acquired by Volaris Group, one of six operating companies of Constellation Software, Inc. BiblioCommons has become established as a major force in the public library sector, and its products have been implemented by an impressive list of libraries and consortia in the United States, Canada, Australia, and New Zealand. This transaction marks a departure from its status as a founder-owned company. Though BiblioCommons will continue to operate independently, it now falls under the ownership of a large multinational technology firm managing a diverse portfolio of technology and software companies. But unlike general private equity firms, Constellation has never sold the companies it acquires.

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Publication Year:2020
Type of Material:Article
Language English
Published in: Smart Libraries Newsletter
Publication Info:Volume 40 Number 03
Issue:March 2020
Publisher:ALA TechSource
Place of Publication:Chicago, IL
Show FT:N
Company: BiblioCommons
Subject: Mergers and Acquisitions
Record Number:25073
Last Update:2020-05-08 17:35:24
Date Created:2020-04-20 12:11:08