Hyde Park Capital Announces Sale Of Computer Software Innovations To N. Harris Computer Corporation
Tampa, Florida – November 9, 2012 – Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the sale of Computer Software Innovations, Inc. (“CSI”) (OTCBB:CSWI), a publicly traded company based in Easley, SC, to N. Harris Computer Corporation (“Harris”), a subsidiary of Constellation Software, Inc. (“Constellation”) (CSU.TO). CSI is engaged in the development and sales of financial software, and the sales and distribution of computers, network hardware, accessories, interactive collaborative classroom technologies, and other hardware based solutions that serve school districts and local governments in the southeastern U.S. Hyde Park Capital served as the exclusive investment banker and financial advisor and rendered a Fairness Opinion to the Board of Directors of CSI for this transaction.
About Computer Software Innovations
CSI is a provider of Financial Software Solutions to the public sector market. The CSI software solutions have established CSI as a major software provider to school districts and local governments in the southeastern United States. CSI offers a fully integrated suite of software products from financials and human resources to revenues and citizen services. CSI also provides Technology Solutions and Cloud Services, focused primarily on the public sector market, particularly K-12 education. Its Technology Solution division delivers classroom and enterprise solutions including borderless networks, datacenter and virtualization, physical security and infrastructure, video collaboration and instructional technologies while also providing Hosted Voice, Hosted Email and Identity Management solutions. More information about CSI is available at www.csioutfitters.com.
About Constellation Software
Constellation Software, based in Toronto, ON, is an international provider of market leading software and services to a number of industries across both the public and private sectors. The Company acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. More information about Constellation may be obtained from its website at www.csisoftware.com.
About N. Harris Computer Corporation
Harris, based in Ottawa, ON, is a leading provider of financial management and Customer Information Systems software solutions. Since 1976, Harris is focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Healthcare agencies throughout North America. Harris’ focus is on creating longterm relationships with its customers and ensuring that it meets the changing needs of its customers over time. Further information about Harris may be obtained from its website at www.harriscomputer.com.
About Hyde Park Capital
Hyde Park Capital is an institutionally focused investment banking firm specializing in mergers and acquisitions and private placements and serving the corporate finance needs of middle market public and private companies. Our principals have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. As one of the most active investment banking firms in the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information about Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383-0202.