Lumine Group acquires Kansys Inc
OLATHE, Kan., October 4, 2021 / PRNewswire / – Lumine Group (“Lumine”), a division of Volaris Group specializing in the communications and media industry, today announced that it has completed the acquisition of Kansys Inc (“Kansys”), a provider of complex billing solutions, event intelligence and mediation software for vendors communications services and Tier 1 businesses. Its Edge suite includes quote, revenue agreement, collection, and usage-based assessment capabilities. Kansys is 22 from Luminesd acquisition, thereby strengthening Lumine’s position as the world’s largest purchaser of communications and media software companies.
Founded in 1997 in Kansas City, United States, Kansys started out as a Systems Integrator (IS) focusing on billing solutions through the integration of business support systems. Over time, the company broadened its skills to include the development of software and applications related to invoicing. In 2000, the company launched its own suite of revenue management products, which included mediation. By 2019, Kansys had established itself as a vital billing provider for all customers of North America, the Caribbean, Europe, and South America, with its new Edge Cloud-based billing software.
“We are excited to add Kansys and its Edge suite of products to complement our existing business while providing additional mission-critical and high-value capabilities to our global ecosystem of Tier 1 customers and partners,” said Tony Garcia, Head of Subscription Management Group, Lumine Group.
“Having strengthened our capabilities and our brand over the past 20 years, joining Lumine’s global ecosystem of communications and media businesses offers a unique opportunity to take it to the next level,” said Joe simmons, president of Kansys. “In addition, it was important that we choose a partner who understood our business and our markets. We have spent a lot of time getting to know the people at Lumine and have become very comfortable with their approach, flexibility and goals. we have no doubt found the right long term partner for Kansys and we are very excited about our future ”.
Kansys is a leading BSS / OSS software, services and cloud integrator specializing in the management and monetization of complex B2B data. The company provides software and managed services to corporate clients with high volume, transaction-driven, multi-partner service needs. Since 1997, Kansys has provided its customers with a competitive advantage through accurate, efficient and cost-effective billing solutions. For more information, please visit www.kansys.com.
About the Lumine group
Lumine Group is one of the world’s leading acquirers of communications and media software companies. Lumine empowers businesses to grow by providing an ecosystem with access to a global network of like-minded professionals, clients and partners. The Lumine Group is a division of the Volaris Group, a subsidiary of Constellation Software Inc. Learn more about www.luminegroup.com and via LinkedIn.
About the Volaris Group
Volaris acquires, strengthens and develops technology companies in the vertical market. As an operating group of Constellation Software Inc., Volaris aims to strengthen companies in the markets in which they compete and enable them to grow, whether this growth is due to organic measures such as new initiatives and product development, day-to-day operations or through complementary acquisitions. Learn more about www.volarisgroup.com.
SOURCE Kansys, Inc.