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Market Impact: 0.55

OMERS takes nine-figure loss as TouchBistro sold to Constellation Software for $100-million

CSU.TO
M&A & RestructuringCompany Fundamentals

Constellation Software’s Harris Computer is set to buy restaurant point-of-sale vendor TouchBistro Inc. for $100 million, per two sources. The deal adds a meaningful acquisition milestone for the buyer, though likely limited to company-level impact rather than broader market moves.

Analysis

Constellation Software’s Harris Computer is set to buy restaurant point-of-sale vendor TouchBistro Inc. for $100 million, per two sources. The deal adds a meaningful acquisition milestone for the buyer, though likely limited to company-level impact rather than broader market moves.

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