M&A Deal Summary

Daxko Acquires Club Automation

On January 30, 2018, Daxko acquired software company Club Automation

Acquisition Highlights
  • This is Daxko’s 3rd transaction in the Software sector.
  • This is Daxko’s 5th transaction in the United States.
  • This is Daxko’s 1st transaction in Illinois.

M&A Deal Summary

Date 2018-01-30
Target Club Automation
Sector Software
Buyer(s) Daxko
Deal Type Add-on Acquisition
Advisor(s) First Analysis Corp. (Financial)
Foley & Lardner (Legal)

Target

Club Automation

Bannockburn, Illinois, United States
Club Automation LLC is a provider of health club management software for consumer-based businesses, including health & athletic clubs and medically integrated wellness centers. Club Automation was founded in 2007 and is based in Bannockburn, Illinois.

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Buyer(S) 1

Buyer

Daxko

Birmingham, Alabama, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Daxko provides SaaS solutions to organizations including YMCA/YWCAs, JCCs, health clubs, wellness centers and recreation facilities. The Company’s products help more than 1,200 organizations manage their scheduling and daily operations, member management and engagement, accounting, event registration, payment services, and mobile applications. Daxko was founded in 1998 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 5 of 13
Sector: Software M&A 3 of 6
Type: Add-on Acquisition M&A Deals 5 of 13
State: Illinois M&A 1 of 1
Country: United States M&A 5 of 13
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-20 Zen Planner

Leawood, Kansas, United States

Zen Planner LLC is a developer of cloud-based business management software for the health and fitness community. The Company’s cloud platform provides end-to-end business management functionality for a studio owner, including: marketing campaigns, customer relationship management, automated online payments, class and appointment scheduling, event registration, expense tracking, and detailed financial reporting across multiple studios or locations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-08 GroupEx PRO

United States

GroupEx PRO is a web-based group exercise management portal created by international fitness business and program consultant. GroupEx PRO is utilized by hundreds of group exercise department managers across the United States to more efficiently run their programs and engage participants in their overall wellness journey.

Buy -