Canada’s Vela buys SA accounting software firm
Canada’s Vela Software Group has acquired GreatSoft, a South African provider of practice management solutions to accountancy firms, for an undisclosed amount.
Vela is owned by Constellation Software, a Canadian diversified software company. With six operating units, it is listed on the Toronto Stock Exchange.
The deal comes after Volaris, another Constellation Software firm, acquired 63.87% of Adapt IT, a South African software services firm.