{"id":266691,"date":"2025-06-01T08:28:42","date_gmt":"2025-06-01T08:28:42","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/maynard-paton-sharepad-small-cap-spotlight-report-software-circle\/"},"modified":"2025-06-01T08:28:42","modified_gmt":"2025-06-01T08:28:42","slug":"maynard-paton-sharepad-small-cap-spotlight-report-software-circle","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=266691","title":{"rendered":"Maynard Paton | [SharePad] Small-Cap Spotlight Report: SOFTWARE CIRCLE"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div itemprop=\"text\">\n<p class=\"has-text-align-center has-background\" style=\"background-color:#eaf3fe\"><strong>***ShareScope New Subscriber Special Offer***<\/strong> <br \/>Readers of my blog can enjoy a <strong>20%<\/strong> first-year discount! <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-global-color-10-color\"><a href=\"https:\/\/maynardpaton.com\/sharescope\/\" target=\"_blank\" rel=\"noreferrer noopener\">Click here for details &gt;&gt;<\/a><\/mark><\/strong><\/p>\n<p>12 October 2024<br \/><strong>By Maynard Paton<\/strong><\/p>\n<p>Mark Leonard has been described as the \u201c<a href=\"https:\/\/www.youtube.com\/watch?v=nVK2s80SfyM\" target=\"_blank\" rel=\"noreferrer noopener\"><em>best capital allocator you have never heard o<\/em>f<\/a>\u201c.<\/p>\n<p>According to <em>Forbes<\/em>, Mr Leonard is now worth <a href=\"https:\/\/www.forbes.com\/profile\/mark-leonard\/\" target=\"_blank\" rel=\"noreferrer noopener\">$5 billion<\/a> after he established <strong>Constellation Software<\/strong> during 1995 and listed the group on the Toronto Stock Exchange during 2006. He then watched his shares soar more than 200-fold:<\/p>\n<p>You may not have heard of Mr Leonard because he deliberately maintains an extremely low profile. He appears to have conducted only <a href=\"https:\/\/www.youtube.com\/watch?v=w8BsjJQUUBY\" target=\"_blank\" rel=\"noreferrer noopener\">one public interview<\/a> while pictures of him online are essentially variations of <a href=\"https:\/\/uploads-ssl.webflow.com\/63eccec0440983539b09e569\/6406386964c00972dd61945e_MarkLeonardConstellationscreengrab.jpeg\" target=\"_blank\" rel=\"noreferrer noopener\">this particular image<\/a>:<\/p>\n<figure class=\"gb-block-image gb-block-image-0b451712\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"170\" class=\"gb-image gb-image-0b451712\" src=\"https:\/\/maynardpaton.com\/wp-content\/uploads\/2024\/10\/CSU-Mark-Leonard-montage.png\" alt=\"\" srcset=\"https:\/\/maynardpaton.com\/wp-content\/uploads\/2024\/10\/CSU-Mark-Leonard-montage.png 800w, https:\/\/maynardpaton.com\/wp-content\/uploads\/2024\/10\/CSU-Mark-Leonard-montage-300x64.png 300w, https:\/\/maynardpaton.com\/wp-content\/uploads\/2024\/10\/CSU-Mark-Leonard-montage-768x163.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\"\/><\/figure>\n<p>However, Constellation\u2019s super stock price \u2014 currently supporting a \u00a350 billion market cap \u2014 has gradually increased the number of investors who <strong><span style=\"text-decoration: underline;\"><em>have<\/em><\/span><\/strong> heard of Mr Leonard\u2026<\/p>\n<p>\u2026and the number of investors who have tried to replicate Constellation\u2019s success. By 2018 Mr Leonard had seen enough copycats and decided to give up writing his annual Constellation letter. He lamented:<\/p>\n<p class=\"has-global-color-8-background-color has-background\">\u201c<em>For competitive reasons we are limiting the information that we disclose about our acquisition activity. <\/em><strong><em>We believe that sharing our tactics and best practices with a host of Constellation emulators is not in our best interest.<\/em><\/strong>\u201d<\/p>\n<p>Such has been the enthusiasm for how Mr Leonard created his immense wealth, a Constellation \u2019emulator\u2019 has even emerged within the lower reaches of AIM.<\/p>\n<p><strong>Software Circle<\/strong> sports an \u00a385 million market cap and is attempting its very own Constellation-like mega-bagger journey.<\/p>\n<p>Let\u2019s take a closer look.<\/p>\n<p><a class=\"gb-button gb-button-aae8c03a gb-button-text\" href=\"https:\/\/knowledge.sharescope.co.uk\/2024\/10\/11\/small-cap-spotlight-report-software-circle\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read my full SOFTWARE CIRCLE article for SharePad &gt;&gt;<\/a><\/p>\n<p><strong>Maynard Paton<\/strong><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>***ShareScope New Subscriber Special Offer*** Readers of my blog can enjoy a 20% first-year discount! Click here for details &gt;&gt; 12 October 2024By Maynard Paton Mark Leonard has been described as the \u201cbest capital allocator you have never heard of\u201c. According to Forbes, Mr Leonard is now worth $5 billion after he established Constellation Software [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[3990,31178,57651,10930,89371,46378,11345,2790],"dealstore":[],"offerexpiration":[],"class_list":["post-266691","post","type-post","status-publish","format-standard","hentry","category-investing","tag-circle","tag-maynard","tag-paton","tag-report","tag-sharepad","tag-smallcap","tag-software","tag-spotlight"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maynard Paton | [SharePad] Small-Cap Spotlight Report: SOFTWARE CIRCLE - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=266691\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maynard Paton | [SharePad] Small-Cap Spotlight Report: SOFTWARE CIRCLE - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"***ShareScope New Subscriber Special Offer*** Readers of my blog can enjoy a 20% first-year discount! Click here for details &gt;&gt; 12 October 2024By Maynard Paton Mark Leonard has been described as the \u201cbest capital allocator you have never heard of\u201c. According to Forbes, Mr Leonard is now worth $5 billion after he established Constellation Software [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=266691\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T08:28:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/maynardpaton.com\/wp-content\/uploads\/2024\/10\/CSU-Mark-Leonard-montage.png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=266691#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=266691\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"Maynard Paton | [SharePad] Small-Cap Spotlight Report: SOFTWARE CIRCLE\",\"datePublished\":\"2025-06-01T08:28:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=266691\"},\"wordCount\":272,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=266691#primaryimage\"},\"thumbnailUrl\":\"https:\/\/maynardpaton.com\/wp-content\/uploads\/2024\/10\/CSU-Mark-Leonard-montage.png\",\"keywords\":[\"CIRCLE\",\"Maynard\",\"Paton\",\"Report\",\"SharePad\",\"SmallCap\",\"Software\",\"Spotlight\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=266691#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=266691\",\"url\":\"https:\/\/fivemor.com\/?p=266691\",\"name\":\"Maynard Paton | [SharePad] Small-Cap Spotlight Report: SOFTWARE CIRCLE - 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