Add-on Acquisition • Software

Billhighway Acquires ChapterSpot

On February 14, 2024, Billhighway acquired software company ChapterSpot

Acquisition Context
  • This is Billhighway’s 2nd transaction in the Software sector.
  • This is Billhighway’s 2nd transaction in the United States.
  • This is Billhighway’s 1st transaction in Louisiana.

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M&A Deal Summary

Date February 14, 2024
Target ChapterSpot
Sector Software
Buyer(s) Billhighway
Deal Type Add-on Acquisition

Target Company

ChapterSpot

New Orleans, Louisiana, United States
ChapterSpot is a provider of CRM and member management software for fraternal organizations and chapter-based organizations. ChapterSpot was founded in 2009 and is based in New Orleans, Louisiana.
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Buyer Overview 1

Buyer

Billhighway

Troy, Michigan, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Billhighway is a provider of integrated software and payment solutions to membership-based organizations. The company provides SaaS-based accounting and transaction processing services to MBOs such as fraternities, sororities, unions, and associations. Billhighway was founded in 1999 and is based in Troy, Michigan.


Deal Context for Buyer #
Overall 2 of 2
Sector: Software 2 of 2
Type: Add-on Acquisition 2 of 2
State: Louisiana 1 of 1
Country: United States 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-19 Impexium

McLean, Virginia, United States

Impexium's cloud-based membership management platform supports the full range of association business and administrative activities. By combining enterprise-level functionality with the benefits of a software-as-a-service model, Impexium helps associations transform their business by serving members more intelligently and profitably, strengthening the alignment of strategies and operations, creating value for key relationships, and reducing the cost, time, and risks of chapter, membership, and technology initiatives.

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