18.05.2012

RentalMan sold

Canadian based Constellation Software has acquired Wynne Systems, the owner of RentalMan software and its associate businesses, InfoManager and Wynne Europe from its current owner, United Rentals.

Constelation has made the acquisition though its Volaris division, which is already in the rental software market through its company SBC. The company also supplies management software to the agri-food, asset management and logistics, justice and public transportation sectors.

While terms have not yet been released we do know that Constellation has spent no more than $50 million on acquisitions so far this year - including the Wynne purchase.

Wynne’s general manager John Bureau said: “We’re excited Wynne has found a new home within Volaris Group. Volaris invests in their businesses for the long-term and are committed to growing the rental management software vertical. We look forward to the opportunities ahead for Wynne, its customers and employees as part of a greater organisation that is focused on delivering mission-critical software solutions specifically to this market.”