M&A Deal Summary

Daxko Acquires Active Life App

On January 9, 2013, Daxko acquired software company Active Life App

Acquisition Highlights
  • This is Daxko’s 1st transaction in the Software sector.
  • This is Daxko’s 1st transaction in the United States.
  • This is Daxko’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2013-01-09
Target Active Life App
Sector Software
Buyer(s) Daxko
Deal Type Add-on Acquisition

Target

Active Life App

Charlotte, North Carolina, United States
Active Life Apps, a Charlotte, N.C.-based company that develops mobile applications for YMCA organizations, the Birmingham-based software company announced today.

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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 1 of 12
Sector (Software) 1 of 6
Type (Add-on Acquisition) 1 of 12
State (North Carolina) 1 of 2
Country (United States) 1 of 12
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-05 NetVentures

Roanoke, Vermont, United States

NetVentures is a provider of Software-as-a-Service solutions for YMCAs and Jewish Community Centers nationwide. NetVentures’ technology helps YMCAs, JCCs and YWCAs grow their operations, improve engagement and better serve their communities.

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