Constellation Software Completes Agreement with Fair Isaac Corporation to Purchase Its Collection and Recovery Business

Constellation Software Completes Agreement with Fair Isaac Corporation to Purchase Its Collection and Recovery Business-01

FICO (NYSE: FICO), a leading predictive analytics and decision management software company, and Constellation Software Inc. (“Constellation”) (TSX:  CSU) jointly announced today that they have completed the sale of FICO’s Collection and Recovery business to Constellation’s Jonas Software operating group, a leading provider of enterprise management software solutions.

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For this divestiture, Wells Fargo Securities, LLC served as exclusive financial advisor to FICO and Faegre Drinker Biddle & Reath LLP served as legal counsel to FICO.

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