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January 9, 2025

SirsiDynix acquired by Harris Computing

SirsiDynix, has been acquired by Harris Computing, one of six operating companies of Constellation Software, Inc, a publicly traded company based in Toronto. It purchased SirsiDynix from ICV Partners, a private equity firm that has owned it since February 2015, and co-investors. Unlike private equity firms, Constellation does not sell the companies it acquires. It follows a strategy of acquiring businesses from founders or investors and holding them indefinitely. The acquisition marks a definitive exit from ongoing cycles of private equity investment into a permanent position within a public company specializing in the administration of technology-focused businesses. SirsiDynix has seen two rounds of private equity ownership, including Vista Equity Partners (2006-2015) and ICV Partners (2015-2024). As part of Harris, SirsiDynix gains access to additional technical and financial resources. Harris has deep experience in acquiring and strengthening technology companies.

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