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Volaris Group company logo
Corporation
BUSINESS PRODUCTS & SERVICES
volarisgroup.com

Partners & Customers

8

Service Providers

1

About Volaris Group

Volaris Group operates as an investment company that offers vertical market software companies the ability to achieve growth objectives while retaining independence and focusing on the needs of customers and employees. The company was founded in 2011 and is based in Mississauga, Ontario.

Headquarters Location

5060 Spectrum Way Suite 100

Mississauga, Ontario, L4W 5N5,

Canada

877-800-2558

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CB Insights Intelligence Analysts have mentioned Volaris Group in 1 CB Insights research brief, most recently on Jul 5, 2022.

Latest Volaris Group News

Volaris Group Acquires WennSoft (formerly Key2Act)

Mar 1, 2023

February 28, 2023 First acquisition in field service management vertical brings new talent, technology, and expertise Today Volaris Group announced the acquisition of WennSoft (‘formerly Key2Act’), provider of field service management, and building intelligence solutions, based in New Berlin, Wisconsin. For over 25 years, WennSoft has been serving 600+ customers across trades, facilities maintenance and other large asset or equipment-centric industries with two advanced technology platforms. Built on Microsoft technologies, its Signature platform creates workflow efficiencies and provides field service enablement and job costing tools, while WennSoft’s Building Optimization Broker (BOB), delivers actionable outcomes, and cost savings based on data collected from building systems and equipment. “We view this acquisition as a great opportunity for both Volaris and WennSoft to provide solutions for the ever-evolving Microsoft ecosystem around Great Plains and Business Central,” said Joe Westhuizen, Group Leader at Volaris. “I’m eager to work alongside the leadership team to propel their strategy forward and continue to serve their global customer base.” “With the strength and global scale of Volaris behind us, we envision a bright future for WennSoft,” said Joe Alvarez , CEO. “We look forward to continuing enhancement of our product suite and solidifying our long-term commitment to add value for our customers, and partners.” WennSoft will continue to operate as an independent business unit within Volaris Group under the leadership of Joe Alvarez. About Volaris Group Volaris 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, 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 This press release was issued by Volaris Group and its content has not been altered or edited by LLR. LLR believes this information to be accurate and current as of the date of publication but cannot guarantee its accuracy. Any quotes contained in this press release reflect the view of the speaker only and are not attributable to LLR. LLR disclaims any duty to update this press release, or any content contained therein based on future developments. More than 6,000 business leaders get their growth insights from LLR GrowthBits. Sign up to get best practices for growth delivered to your inbox just 2-3x per month. First Name*

Volaris Group Acquisitions

62 Acquisitions

Volaris Group acquired 62 companies. Their latest acquisition was WennSoft on February 28, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/28/2023

Private Equity

$99M

Acquired

1

12/6/2022

$99M

Acquired

2

12/6/2022

$99M

Acquired

2

11/29/2022

Debt

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$99M

$99M

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10

11/7/2022

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$99M

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10

Date

2/28/2023

12/6/2022

12/6/2022

11/29/2022

11/7/2022

Investment Stage

Private Equity

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired

Acquired

Acquired

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Sources

1

2

2

10

10

Volaris Group Partners & Customers

8 Partners and customers

Volaris Group has 8 strategic partners and customers. Volaris Group recently partnered with Fomento Economico Mexicano on January 1, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

1/23/2023

Partner

Mexico

FEMSA signs agreement with Volaris to become the initial partner of FEMSA's new coalition loyalty program

23 , 2023 -- Fomento Económico Mexicano , S.A.B. de C.V. announced today that it has signed , through a wholly-owned subsidiary , an agreement with Concesionaria Vuela Compañía de Aviación , S.A.P.I. de C.V. , the ultra-low-cost carrier serving Mexico , the United States , Central , and South America to become the first third-party partner of FEMSA 's coalition loyalty program .

1

2/16/2021

Vendor

United States

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10

6/4/2018

Licensor

United States

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10

5/12/2017

Client

United States

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10

5/12/2017

Client

United States

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10

Date

1/23/2023

2/16/2021

6/4/2018

5/12/2017

5/12/2017

Type

Partner

Vendor

Licensor

Client

Client

Business Partner

Country

Mexico

United States

United States

United States

United States

News Snippet

FEMSA signs agreement with Volaris to become the initial partner of FEMSA's new coalition loyalty program

23 , 2023 -- Fomento Económico Mexicano , S.A.B. de C.V. announced today that it has signed , through a wholly-owned subsidiary , an agreement with Concesionaria Vuela Compañía de Aviación , S.A.P.I. de C.V. , the ultra-low-cost carrier serving Mexico , the United States , Central , and South America to become the first third-party partner of FEMSA 's coalition loyalty program .

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Sources

1

10

10

10

10

Volaris Group Service Providers

1 Service Provider

Volaris Group has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Volaris Group Team

2 Team Members

Volaris Group has 2 team members, including current Chief Executive Officer, Mark Miller.

Name

Work History

Title

Status

Mark Miller

Chief Executive Officer

Current

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Name

Mark Miller

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Work History

Title

Chief Executive Officer

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Status

Current

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