Mark Leonard (Constellation Software) Operating Manual

searcher profile

June 28, 2021

by a searcher from The University of Chicago - Booth School of Business in Chicago, IL, USA

I wrote an Operating Manual for Mark Leonard, CEO of Constellation Software.

Mark has bought 500+ niche software companies over the last 25 years.

And turned $25 million into a $32 billion empire.

This is how he makes it work.

https://colinkeeley.com/blog/mark-leonard-constellation-software-operating-manual

https://twitter.com/ColinKeeley/status/1409510702956519428

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Reply by an investor
from University of California, Berkeley in San Francisco Bay Area, CA, USA
Constellation's original business model doesn't work anymore because valuations for small vertical software companies have gone up dramatically over the past 10 years. Great and impressive story, but impossibly to replicate in the current valuation environment.
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Reply by a searcher
from Ivey Business School at Western University in Toronto, ON, Canada
Great research about a very private individual. They recently announced they would be chasing larger deals and spun off their European division. Likely another great compounder (TSX: Toi.V).
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