Aquila backs EPIC Loan Systems
Miami, USA – September 10, 2018 – Aquila, a division of Constellation Software Inc. [TSX:CSU], announced it has closed the acquisition of the assets of EPIC Loan Systems (“EPIC”). EPIC is the developer of the EPIC Loan Systems product, an end-to-end loan management solution serving North American online loan providers.
EPIC works with online installment lenders and provides a best of breed solutions for the online installment lending market.
Brian Martin, President of EPIC said: “Our team is excited about the joining Aquila and the opportunities it creates for our customer base and employees. We look forward to keep serving our customers with solutions and services to assist every critical element in the lending cycle.”
EPIC was represented in the sale by Peter Berg, Managing Director of Transworld M&A Advisors.
About EPIC Loan Systems
PIC Loan Systems is a premier provider of Loan Management Software. EPIC helps contain customer acquisition and operating costs with its robust, turnkey loan servicing solution. EPIC was designed by industry experts who understood the challenges faced by lenders, as well as their technical needs. EPIC offers a high-tech, high-touch solution, with a consultative approach to helping lenders grow their businesses responsibly. For more information: www.epicloansystems.com
About Aquila
Aquila backs category leaders across software. With global institutional reach throughout media, finance, government, real estate and education, Aquila exists to help software operators build lasting companies through permanent capital. Aquila is a wholly owned subsidiary of Constellation Software Inc. For more information: www.aquilasw.com
About Constellation Software Inc.
Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation acquires, manages and builds vertical market software businesses. For more information: www.csisoftware.com
Contact:
Richard Hyun
Vice President, Corporate Development
rhyun@aquilasw.com