M&A Deal Summary

Daxko Acquires NetVentures

On June 5, 2014, Daxko acquired internet software and services company NetVentures

Acquisition Highlights
  • This is Daxko’s 1st transaction in the Internet Software and Services sector.
  • This is Daxko’s 2nd transaction in the United States.
  • This is Daxko’s 1st transaction in Vermont.

M&A Deal Summary
Date 2014-06-05
Target NetVentures
Sector Internet Software and Services
Buyer(s) Daxko
Deal Type Add-on Acquisition
Advisor(s) VRA Partners LLC (Financial)

Target

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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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 2 of 12
Sector (Internet Software and Services) 1 of 4
Type (Add-on Acquisition) 2 of 12
State (Vermont) 1 of 1
Country (United States) 2 of 12
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-09 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-10 CSI Software

Houston, Texas, United States

CSI Software, Inc. is a provider of fully integrated membership management software and mobile applications to health and fitness clubs,campus recreation centers, parks and recreation facilities, wellness centers and hotels and fitness resorts.

Buy -
Mergr

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