M&A Deal Summary

Teamworks Acquires Retain

On January 11, 2023, Teamworks acquired information technology company Retain

Acquisition Highlights
  • This is Teamworks’ 1st transaction in the Information Technology sector.
  • This is Teamworks’ 4th transaction in the United States.
  • This is Teamworks’ 1st transaction in Arizona.

M&A Deal Summary
Date 2023-01-11
Target Retain
Sector Information Technology
Buyer(s) Teamworks
Deal Type Add-on Acquisition

Target

Retain

Scottsdale, Arizona, United States
Retain is an academics and athlete development platform used by collegiate athletic departments to track and engage student-athletes effectively. The technology provides a centralized solution for advising and tutorial workflows while streamlining scheduling and communications between student-athletes, faculty, and athletic department staff. Retain was founded in 2012 and is based in Scottsdale, Arizona.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Teamworks

Durham, North Carolina, United States
Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Teamworks the Operating System for Sports™, powers over 6,000 sports organizations worldwide, including collegiate athletic departments and teams across all major professional leagues. Teamworks' software solutions drive the operations of the most recognizable sports properties in the world. Teamworks was founded in 2006 and is based in Durham, North Carolina.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Arizona) 1 of 1
Country (United States) 4 of 4
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-11 NextPlay

Durham, North Carolina, United States

NextPlay allows former student-athletes to stay engaged with the programs they helped build. The technology connects current student-athletes with alumni to seek mentorship, advice, and career support. NextPlay was founded in 2018 and is based in Durham, North Carolina.

Buy -
Mergr

Product

Company

Legal