Lumine Group to Acquire Synchronoss Technologies
Joint Press Release of Constellation Software Inc. and Lumine Group Inc. TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) and Lumine Group Inc. (“Lumine Group”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that, Lumine Group, through one of its wholly-owned subsidiaries, has entered into a definitive agreement to acquire Synchronoss Technologies, Inc.(Nasdaq: SNCR) (“Synchronoss” or “Company”). Under the terms of the agreement, Lumine Group will acquire Synchronoss for a purchase price of approximately $116.4 million (based on a cash price of $9.00 per share,) which may be adjusted by a proportionate amount of certain Synchronoss transaction expenses, if any, in excess of a certain threshold.
