Constellation Software Inc. (TSX:CSU) entered into an agreement in principle to acquire FICO's Collection and Recovery business of FICO from Fair Isaac Corporation (NYSE:FICO) on May 5, 2021. The senior leadership team dedicated to the Collection and Recovery business will remain as executive management of the business under Jonas Software's ownership. Completion of the acquisition remains subject to mutually agreed closing conditions. Wells Fargo Securities, LLC acted as financial advisor to Fair Isaac Corporation.