Lumine Group Acquires Kansys Inc
October 04 2021 - 8:02AM
Lumine Group (“Lumine”), a division of Volaris Group focused in the
communications and media industry, today announced that it has
completed the acquisition of Kansys Inc (“Kansys”), a provider of
modular billing subscription management, event intelligence, and
mediation software for communication service providers and tier 1
enterprise corporations. Its Edge suite includes capabilities for
quoting, agreement revenue, collections, and usage-based rating.
Kansys is Lumine’s 22nd acquisition, further establishing Lumine’s
position as a leading global acquirer of communications and media
software businesses.
Founded in 1997 in Kansas, USA, Kansys began as a
system integrator (SI) focusing on billing solutions through
business support systems integration. Over time, the company
expanded its competency to include software and application
development related to billing. In 2000, the business launched its
own revenue management suite of products, which included mediation.
By 2019, Kansys had established itself as a supplier of
mission-critical billing across customers in North America, the
Caribbean, Europe, and South America, with its newly branded Edge
Cloud based Billing Software. “We are excited to add Kansys and its
Edge suite of products to complement our existing businesses while
providing further mission-critical and high value capabilities to
our global tier 1 ecosystem of customers and partners,” said Tony
Garcia, Subscription Management Group Leader, Lumine Group.
“After building up our capabilities and brand over the past 20
years, joining Lumine’s global ecosystem of communications and
media businesses provides a unique opportunity to rise to the next
level,” said Joe Simmons, President of Kansys. “In addition, it was
important that we selected a partner who understood our business
and the market. We have spent a considerable amount of time
getting to know the Lumine folks and have become very comfortable
with their approach, flexibility, and goals. I have no doubt
we have found the right long-term partner for Kansys and am very
excited about our future.”
About Lumine GroupLumine Group is a leading
global acquirer of communications & media software businesses.
Lumine empowers businesses to grow by providing an ecosystem with
access to a network of global, like-minded professionals,
customers, and partners. Lumine Group is a division within Volaris
Group, a subsidiary of Constellation Software Inc. (TSX:CSU). Learn
more at www.luminegroup.com and via LinkedIn.
About Volaris GroupVolaris acquires,
strengthens and grows vertical market technology companies. As an
Operating Group of Constellation Software Inc., Volaris is all
about strengthening businesses within the markets they compete and
enabling them to grow – whether that growth comes through organic
measures such as new initiatives and product development,
day-to-day business, or through complementary acquisitions. Learn
more at www.volarisgroup.com.
About Kansys Kansys is a BSS/OSS best of
breed software, services and cloud integrator specializing in the
management and monetization of complex B2B data. The company
provides software and managed services to enterprise customers with
high volume, transaction-oriented, multi-partner service
requirements. Since 1997, Kansys has been giving customers a
competitive advantage with accurate, efficient, and cost-effective
billing solutions. For more information, please visit
www.kansys.com.
Contact Information Erini AndriopoulosDirector
of Marketing, Lumine Group erini.andriopoulos@luminegroup.com
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