Tuesday, April 19th, 2011

Canadian based Explorer Software Group announced today it had acquired CSSP, the largest provider of software solutions for the Australian construction market (http://www.cssp.biz).

From its Adelaide base, CSSP supports business critical construction software systems for hundreds of organizations and has been designing and selling its own range of integrated, creative information management and control systems for all aspects of the construction industry since 1983.

This is Explorer’s eleventh acquisition since 2004. The company has developed a proven strategy for integrating acquired companies into its existing infrastructure. This strategy includes retaining existing CSSP staff to support clients, which helps ensure that the acquisition is as seamless as possible. In addition, Marc Hemmett, the previous Managing Director for Kensington Computer Systems, was appointed the Managing Director of Australia for Explorer Software Group. Read more: Explorer Software Acquires a Second Australian Company

“Bringing the CSSP staff on board will provide a certain level of comfort for our new clients because they will immediately receive knowledgeable and friendly service from the same people they are used to working with at CSSP,” explains Mike Aspinwall, COO of Explorer Software.

This newest acquisition reinforces Explorer Software’s position as a global provider of construction software solutions and signals its ongoing commitment to growth and stability for many years to come.

“We see Australia as an important component of our global market,” says Jim McFarlane, President and CEO of Explorer Software. “Acquiring CSSP has given us a significant footprint in Australia and we look forward to steady growth in this region.”

The company will operate its new Australian division from offices in Adelaide, Perth, Sydney, and Auckland as well as through channels in Europe and Hong Kong.

In a simultaneous transaction, Explorer Software Group also announced the purchase of a second Australian entity - Kensington Computer Services. Kensington is a leading supplier of hardware, software and computer services to the construction industry.

Contact Profile

Explorer Software Group

Explorer Software Group is a leading provider of software solutions for the construction industry worldwide, offering a broad range of solutions for small, mid-sized and large enterprises. Explorer's construction accounting solutions offer rich functionality, a highly flexible application platform, a full application suite and best-in-class customization abilities. The software and services are designed to produce meaningful increases in revenues and margins to contractors.

Marc Hemmett, Managing Director Australia, Explorer Software Group
P: 0418 114 990
W: www.explorer-software.com


construction industry, construction software, construction IT, M&A, mergers and acquisitions



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