Announced
Financials
Tags
Cross Border
Friendly
Pending
software solutions
Austria
Software
Private
Acquisition
Majority
Single Bidder
Synopsis
Battery Ventures-backed Clubessential, a full suite provider of membership and club management solutions to country, golf, city, yacht and other private clubs, and Silver Lake, a private equity firm, agreed to acquire The Assistant Company, a spa and activity software. Financial terms were not disclosed. "We've been impressed with the quality of the team, software platform and customer relationships that Thomas Roessler, and his team, have built over their two decades uniquely focused on the Spa and Leisure markets. We're looking forward to our collaboration to expand their powerful spa and activity management software capabilities to the global leisure market," Randy Eckels, Clubessential CEO.
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