1201 GMT - Constellation Software might accelerate its acquisition pace as sentiment in the software sector weakens. TD Cowen analyst David Kwan notes that M&A activity is already picking up, with more than $800 million in closed or pending deals so far in the first quarter, helped by falling public company valuations. He adds that Constellation is increasingly targeting public firms because valuations in the private market haven't yet declined to the same extent, and competition for attractive assets remains high. If private valuations eventually adjust downward, Kwan believes this could further support a stronger acquisition pipeline. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
March 10, 2026 08:02 ET (12:02 GMT)
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