Why Trust Matters in M&A, Inspired by Constellation Software’s Success

George Chalmers
CORA News & Updates
October 8, 2024
Why Trust Matters in M&A, Inspired by Constellation Software’s Success

In the ever-evolving world of software and technology, trust stands as one of the most critical pillars for long-term success. Recently, Newsweek named Constellation Software, CORA Group’s parent company, as one of the world’s most trustworthy companies in 2024. This recognition is not just a reflection of market reputation; it’s a testament to the deeper values that drive our acquisitions, our partnerships, and our business model.

Newsweek's survey involved 70,000 individuals, drawing from over 230,000 evaluations that assessed everything from customer satisfaction and employee feedback to investor sentiment and how companies handle challenges. At the heart of it, trust wasn’t just about who was popular; it was about who people could truly rely on in every situation. Constellation's recognition highlights how the right approach to business builds not only a robust market position but a deep-seated loyalty among all stakeholders.

What This Means for CORA’s Vision of Acquisitions

CORA’s strategy is closely aligned with Constellation’s philosophy of trust. For us, acquisitions are not just about buying assets or businesses; they are about buying into a vision of growth. This means that trust in leadership, trust in culture, and trust in long-term potential matter as much as financial performance.

Our approach goes beyond numbers and deals. It’s about cultivating relationships that last, much like Constellation Software’s decentralized model, which grants autonomy to acquired companies while giving them access to a vast support network. This decentralized approach allows businesses under our umbrella to maintain their unique identities, while benefiting from the broader expertise and resources of CORA Group. Much like Constellation Software, we believe this model is key to fostering innovation and growth.

Learning from Berkshire Hathaway: The Constellation-CORA Parallel

Many industry insiders have drawn comparisons between Constellation Software and Berkshire Hathaway. Both are known for acquiring businesses, but it’s not just about the buy—it’s about the long-term hold. Like Berkshire, Constellation has built a reputation as a “forever home” for the companies it acquires, ensuring stability and trust. CORA Group follows this same path, seeking not only to acquire but to build lasting partnerships.

We echo Constellation’s belief that a business’s success lies in its culture and market fit, not just its financials. As we continue to expand our portfolio, CORA remains committed to maintaining the unique cultures of the companies we acquire, ensuring that they flourish on their terms.

This trust-driven philosophy underpins our approach to growth, ensuring that we remain a reliable partner for businesses looking to find their "forever home" within the CORA Group family.

Looking Ahead

As CORA Group continues to grow, we remain committed to the principles that have guided us—trust, autonomy, and long-term vision. Our focus is not just on expanding our portfolio but on cultivating relationships built on mutual respect and shared goals. As we move forward, our strategy will continue to prioritize trust as the foundation of every deal, partnership, and business decision. The future is bright, and with trust at the core, we are excited for the journey ahead.