On February 22, 2023, Constellation Software and its subsidiary Lumine Group Inc. announced they have completed the previously announced agreement and plan of merger to purchase 100 percent of the shares of WideOrbit Inc. WideOrbit, a U.S.-based media vertical market software provider serving as the system of record for more than 5,000 stations and cable networks worldwide, processing more than $35 billion in advertising revenue annually.
The purchase of WideOrbit was financed with funding from Constellation and a banking partner. WideOrbit is now a wholly owned subsidiary of Lumine Group and will operate as an autonomous business unit within Lumine Group’s portfolio of companies.
A Wilson Sonsini team representing WideOrbit in the transaction includes:
M&A
Todd Cleary
Catherine Riley Tzipori
Molly Manning
Jen Yamin
James Power
Technology Transactions
James Clessuras
Dena Smith
Ben Hawkins
Khalil Nobles
Kristin Bradley
Mary O’Brien
Employee Benefits and Compensation
Scott McCall
Mark Cornillez-Ty
Jason Chan
Privacy and Data Security
Matt Staples
Daniel Chen
Michael O’Brien
Diya Jajal
Dantam Le
Nikhil Goyal
Edward Ruse
Corporate Finance
Kathleen Rothman
Jason Koo
Rick Titcomb
Employment Litigation
Rebecca Stuart
Rachel Herrington
Real Estate
James McCann
Sierra Bunnell
Regulatory
Anne Seymour
Kara Millard
Seth Cowell
Antitrust
Todd Hahn
Alexander Poonai
For more information, please see Constellation's press release.