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  5. CSU: Regarding these three roll-ups and the perception of AI basically rendering some of their holdings irrelevant, I would like to know if CSU, LMN or TOI have seen any evidence of AI affecting their c... [Constellation Software Inc.]
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Q: Regarding these three roll-ups and the perception of AI basically rendering some of their holdings irrelevant, I would like to know if CSU, LMN or TOI have seen any evidence of AI affecting their companies.
Asked by Clarence on May 14, 2026
5i Research Answer:

Not really. We have posted comments on the recent earnings of all three. In addition to acquisition growth some have shown decent organic growth as well, which implies current customers are not switching. 

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