Teamworks, an enterprise SaaS company, agreed to acquire ARMS Software, a software company, from HBG Core Holdings, a diversified holding company. Financial terms were not disclosed. "With the acquisition of ARMS, we bring together the two most trusted tech brands in collegiate sports. It's an immediate game changer for our customers working to transform their operations and deliver an exceptional athlete experience. ARMS' powerful workflow engine will have an impact beyond collegiate, with clear value to deliver for professional, Olympic, and military customer bases," Zach Maurides, Teamworks Founder and CEO.