Who is CORA Group?

CORA Group is a serial acquirer based in Australia.

Firm facts

CORA Group

Type

serial acquirer

Headquarters

Australia

Website

thecoragroup.com

Owned by

Jonas Software

Industries

• Software & IT services

Verification date not recorded

How they work

CORA Group is an operating group of Jonas Software, a Constellation Software subsidiary, that acquires, strengthens and holds vertical-market software companies for the long term.

Sector focus

B2B vertical-market software, plus hardware-light horizontal software businesses with compelling organic growth.

Ownership

Acquires software companies, maintains their brand and culture, supports them operationally and holds them for the long term.

Target revenue

Businesses with up to US$250m revenue.

Target EBITDA

Breakeven or profitable businesses.

Capital model

Permanent operating-company capital through Jonas Software and its parent Constellation Software, rather than a fixed-life fund.

Hold period

Long-term ownership measured in years and decades.

Founder ownership

CORA aims to maintain the acquired company's brand and culture and accommodates founders who wish to retire or continue growing the business; no retained-equity requirement is stated.

Sources

• thecoragroup.com · portfolio page
• thecoragroup.com · research
• thecoragroup.com · research
• thecoragroup.com · research
• thecoragroup.com · research
• thecoragroup.com · website