M&A Deal Summary

Clubessential Acquires PrestoSports

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2017-09-29
Target PrestoSports
Sector Internet Software and Services
Buyer(s) Clubessential
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 9
Sector: Internet Software and Services M&A 1 of 6
Type: Add-on Acquisition M&A Deals 1 of 9
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 8
Year: 2017 M&A 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.

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