Masterton, New Zealand – Friday 10th May, 2024
Vela Software Group, trading through its subsidiary Vela APX, has today announced the acquisition of Farm Focus Ltd.
Farm Focus is New Zealand’s premier provider of farm management software, used by farming businesses to manage, plan and grow their businesses. Farm Focus has been trading for over 40 years since 1984.
Brian Eccles, the company founder stated, “Vela APX was chosen as the new owner because of their expertise with niche software providers like Farm Focus. They are an organisation that acquires strong software brands and continues their operation, with a track record of never selling. I believe that Vela’s valuable best practices, together with the financial backing of a large software company, will greatly assist Farm Focus to deliver superior value to its farming clients.”
“We’re excited to bring Farm Focus and their talented team into the group here at Vela APX” said Ian Whiting, CEO of Vela APX. “With a strong foundation and reputation forged over their 40 plus years, Farm Focus have a stellar reputation for delivering great software to NZ farmers.”
Since October 2023 Auriga Martin has been leading Farm Focus as our CEO, Auriga has worked at Farm Focus prior and has a deep connection to rural New Zealand. “Leading Farm Focus and reconnecting with the farming ecosystem these past seven months has been nothing short of inspiring. We’ve got a strong plan for continuing to add value to farm businesses everywhere and continuing to grow farm profitability. Farmers and their teams tell us every day how much value Farm Focus brings them, and we’ve had that trusted relationship for decades. 2024 is already proving to be an inflection moment for the sector and helping our farm business owners stay resilient and prepared for all scenarios thrown their way is what we do best. New Zealand leads the world on farming best practices, we look forward to being a part of telling that story with Vela behind us.”
About Vela APX:
Vela APX, as part of Vela Software Group acquires, manages, and builds mission-critical vertical market software businesses. We are a portfolio of Wholesale, Distribution, Fashion, General Retail, Light Manufacturing, Government and business accounting software businesses supporting customers globally. They provide vertical market software expertise, operational support and capital to help businesses grow.
Vela is an operating group of Constellation Software Inc. (TSX: CSU), a public company listed on the Toronto Stock Exchange.
Further information about Vela APX may be obtained through their website at www.velaapx.com
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