Volaris Group Acquires PLANit Sweden AB and Expands Presence in People Transportation Vertical

March 12, 2014 - TORONTO, ONTARIO

TORONTO, ONTARIO, MARCH 12, 2014 - Volaris Group (“Volaris”) today announced that it has acquired PLANit Sweden AB (“PLANit”) and its subsidiaries Holmedal Data AB (“Holmedal”) and Malmator AB (“Malmator”). With this acquisition, Volaris expands it footprint in the People Transportation vertical.

PLANit and its subsidiaries provide software, systems and technology for more efficient resource management within the field of demand-responsive passenger traffic (DRT) and taxi systems. Customers include county transport authorities, taxi companies, local authorities and county councils primarily throughout Scandinavia.

“Volaris has deep domain experience in the passenger transport market,” said Hans Andersson, CEO, PLANit. “By becoming a part of the global Volaris organization, we have additional opportunities to grow our business and better serve our customers. We believe this is the right home for PLANit and its customer base.”

PLANit joins Trapeze Group and Simpli Transport within the People Transportation vertical of Volaris Group - PLANit, Holmedal and Malmator will continue to operate under their current brand with a strong leadership team in place. Trapeze provides advanced software, intelligent transportation systems and mobile technologies to the people transportation industry, while Simpli Transport focuses on solutions for smaller transport organizations.

About Volaris Group

Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Benefits Administration, Cultural Collections Management, Justice, Library Management, People Transportation, Marine and Rental Management. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com.


For further information:

Kim Emmerson
Volaris Group
Tel: 905.629.5297

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