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New Deal


Announced

Completed

Clubessential completed the acquisition of ePACT Network.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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medical records

Cross Border

Friendly

Completed

Acquisition

Venture Capital

Single Bidder

Canada

Private

Health Care Services

Majority

Synopsis

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Clubessential, a provider of club membership management and payment solutions, completed the acquisition of ePACT Network, a developer of an emergency and health forms automation platform, from Disruption Ventures and Yaletown Venture Partners. Financial terms were not disclosed. "Our mission in the parks and recreation industry is to empower communities to connect through next-generation software built upon decades of industry knowledge and experience, and personalized services and support. I'm thrilled with our latest acquisition of an organization that is so perfectly aligned with this mission. Stewart Aguanno and his team at ePACT have been committed for more than a decade to creating their easy-to-use software platform trusted by over five hundred customers and more than a million participants to keep their private health records secure and contact information accessible in the event of an emergency. We are excited about the expanded functionality ePACT adds to our integrated recreation management offering," Randy Eckels, Clubessential CEO.

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