Add-on Acquisition • Internet Software and Services

Clubessential Acquires PrestoSports

On September 29, 2017, Clubessential acquired internet software and services company PrestoSports

Acquisition Context
  • This is Clubessential’s 1st transaction in the Internet Software and Services sector.
  • This is Clubessential’s 1st transaction in the United States.
  • This is Clubessential’s 1st transaction in Maryland.

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M&A Deal Summary

Date September 29, 2017
Target PrestoSports
Sector Internet Software and Services
Buyer(s) Clubessential
Deal Type Add-on Acquisition

Target Company

PrestoSports

Rockville, Maryland, United States
PrestoSports, Inc. is a provider of “software-as-a-service” (SaaS) technology to colleges and conference offices used for designing, building and maintaining official athletic websites, sports statistics, sports camp management and live event broadcasting.
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Buyer Overview 1

Buyer

Clubessential

Cincinnati, Ohio, United States

Category Company
Founded 1998
Sector Information Technology
DESCRIPTION

Clubessential provides a full suite of membership and club management solutions to country, golf, city, yacht, and other private clubs. Clubessential was founded in 1998 and is based in Cincinnati, Ohio.


Deal Context for Buyer #
Overall 1 of 9
Sector: Internet Software and Services 1 of 6
Type: Add-on Acquisition 1 of 9
State: Maryland 1 of 1
Country: United States 1 of 8
Year: 2017 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-22 ClubReady

St. Louis, Missouri, United States

ClubReady LLC is a provider of Software as a Service (SaaS), payments solutions and professional services to over 2,200 fitness clubs and studios. ClubReady LLC was established in 2007 and is based in St. Louis, Missouri.

Buy -