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  6. Clubessential Acquires Stretch Internet

M&A Deal Summary

Clubessential Acquires Stretch Internet

On May 22, 2018, Clubessential acquired internet software and services company Stretch Internet

Acquisition Highlights
  • This is Clubessential’s 3rd transaction in the Internet Software and Services sector.
  • This is Clubessential’s 3rd transaction in the United States.
  • This is Clubessential’s 1st transaction in Arizona.

M&A Deal Summary
Date 2018-05-22
Target Stretch Internet
Sector Internet Software and Services
Buyer(s) Clubessential
Deal Type Add-on Acquisition

Target

Stretch Internet

Gilbert, Arizona, United States
Stretch Internet pioneered the development and deployment of streaming video technology that delivers high quality, real-time, immersive video broadcasts of more than 70,000 live college sports events a year.

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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 3 of 9
Sector: Internet Software and Services M&A 3 of 6
Type: Add-on Acquisition M&A Deals 3 of 9
State: Arizona M&A 1 of 1
Country: United States M&A 3 of 8
Year: 2018 M&A 2 of 4
PREVIOUS 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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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-06 Performance IQ

Berwyn, Illinois, United States

Performance IQ is a development of fitness tracking software that delivers high quality, real-time, individual and group fitness results leading to higher member engagement, retention and loyalty. Performance IQ was founded in 2011 and is based in Berwyn, Illinois.

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