M&A Deal Summary

Daxko Acquires TennisSource.Net

On October 16, 2019, Daxko acquired software company TennisSource.Net

Acquisition Highlights
  • This is Daxko’s 4th transaction in the Software sector.
  • This is Daxko’s 8th transaction in the United States.
  • This is Daxko’s 1st transaction in Wyoming.

M&A Deal Summary
Date 2019-10-16
Target TennisSource.Net
Sector Software
Buyer(s) Daxko
Deal Type Add-on Acquisition

Target

TennisSource.Net

Douglas, Wyoming, United States
TennisSource.Net, Inc. is a provider of tennis facility management software solutions. Software components include scheduling software, online program registration software, player management, and a full point of sale application.

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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 8 of 12
Sector (Software) 4 of 6
Type (Add-on Acquisition) 8 of 12
State (Wyoming) 1 of 1
Country (United States) 8 of 12
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-16 SugarWOD

Boulder, Colorado, United States

SugarWOD LLC connects affiliate gym and boutique fitness communities with a workout solution that is fun, social and addictive. The solution includes everything an affiliate needs to deliver a world-class workout experience, including web-based software, 5-star mobile apps, and BoxTV. Launched in 2013, SugarWOD now serves over 2,200 affiliates and more than 600,000 athletes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-24 PlayerSpace

Wrightsville Beach, North Carolina, United States

PlayerSpace, Inc. is a provider of sports program management technology to YMCAs and similar organizations across the country. PlayerSpace was founded in 2006 and is based in Wrightsville Beach, North Carolina.

Buy -
Mergr

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