November 2022

Volaris acquires Exformatics A/S. Volaris, with HQ in Ontario, Canada, is part of Constellation Software (CSI), a public company listed on the Toronto Stock Exchange, with revenues of $5 billion USD and 30 000 employees across the globe. Exformatics A/S, established year 2000, with CEO Holger Foss, and HQ in Copenhagen, Denmark, provides “Exfornet”, a case-, activity-, and document management solution for member organizations, foundations, and government agencies, with customers such as Velliv Foreningen, BWSC, Fagbevægelsens Hovedorganisation (former FTF and LO), and Dreyers Fond. The merger will strengthen Exformatics’ ownership and capabilities.
LNP Corporate Finance advised the seller.