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New Deal


Announced

Clubessential Holdings to acquire Vermont Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Software

Majority

Friendly

recreational software

Single Bidder

Acquisition

Pending

Synopsis

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Clubessential Holdings, a provider of membership and club-management solutions to the private club, college athletic and health and fitness markets, agreed to acquire Vermont Systems, provider of recreation management software for public entities. Financial terms were not disclosed. This acquisition expands Clubessential Holdings' presence to municipal, county, state and federal military public markets. "Vermont Systems is at the forefront of providing innovative and comprehensive software solutions that empower recreation departments and professionals around the world. We are excited to join forces with Clubessential Holdings to drive future innovation, collaboration and new products and services for our valued clients," Giles Willey, VSI President & CEO.

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