Ineo, LLC. Expands Portfolio with Strategic Acquisition of The Hessel Group LTD., A CORA Group Company

Warminster, PA, June 16, 2023 – CORA Group (“CORA”) a subsidiary of Constellation Software Inc, is pleased to announce the acquisition of The Hessel Group Ltd. (“Hessel”), a leading provider of global mobility expense management solutions and services.

Since 1994, Hessel tracks and manages all aspects of global mobility expense management and international payments, while their systems ensure their employees have a hassle-free relocation or assignment. By joining forces with CORA Group, Hessel aims to leverage the collective expertise and resources to further enhance its service offerings and provide even greater value to its customers.

“We are delighted to partner with CORA Group to accelerate the growth and innovation of our mobility solutions,” said Geoff Davidson, Owner/Director of Hessel. “Both Hessel and Ineo started life as part of the same company many years ago and this just feels like coming home. It’s a natural partnership that will accelerate our delivery of market-leading mobility solutions that help organizations to get the money right.”

“Our partnership with Hessel is an exciting step towards advancing our global mobility portfolio and delivering superior solutions to our customers,” said David Santora, CEO of Ineo Global Mobility. “Hessel’s expertise in global mobility expense management, combined with CORA’s extensive resources and industry knowledge, will enable us to meet the evolving needs of organizations worldwide and empower them to achieve their goals.”

Hessel will continue to operate as an independent brand under CORA Group, retaining its commitment to providing exceptional customer service and support. Existing Hessel customers can expect a seamless transition and will benefit from the partnership by gaining access to a broader range of resources, expertise, and innovative mobility solutions.

About The Hessel Group Ltd.

Hessel is a leading provider of global mobility management solutions and services. With a comprehensive suite of features, Hessel’s expertise empowers organizations to streamline their expense processes, reconcile payments/tax data, and manage timely payroll, personal tax, and social security data. For almost 30 years, businesses have relied on Hessel to augment existing processes and manage data to ensure everything runs smoothly.

About Ineo Global Mobility

Founded in 2003, Ineo is the global mobility industry’s premier technology, tax, and financial services company, and the industry’s most trusted knowledge source. Ineo Mobility was the first to bring deep tax and technology expertise to the business of Mobility services. Today, they continue to lead the increasingly complex industry with customized solutions to meet each client’s specific challenges.

About CORA Group

CORA Group is a collective organization redefining advancement through the acquisition, strengthening, and growth of over 25 independent software brands worldwide. Our roots in construction and foodservice have expanded to include debt collection & recovery, wine/spirits, moving/storage, loyalty, legal, and long-term care verticals. Today, we are proud to serve over 50,000 customers in 10+ markets with industry-leading enterprise software and related services. As a subsidiary of Constellation Software Inc. (TSX: CSU), one of the world’s largest owners and acquirers of vertical market software companies, we’re dedicated to empowering our customers to achieve their goals with our innovative solutions.

Contact Information

George Chalmers

Manager of Marketing & Corporate Development

George.Chalmers@thecoragroup.com

For more information, visit https://www.thecoragroup.com/media/ineo-global-mobility-expands-portfolio-with-strategic-acquisition-of-the-hessel-group-ltd-a-cora-group-company

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