Clubessential Holdings Announces Acquisition of Vermont Systems, Inc. 

CINCINNATI, OH, January 21, 2020 – Clubessential Holdings, the leading provider of membership and club-management solutions to the private club, college athletic, and health and fitness markets, today announced the strategic acquisition of Vermont Systems Inc. the market leader in recreation management software for public entities. 

Already the major provider of membership and club management SaaS solutions for private clubs, boutique fitness studios, and college athletics, this acquisition expands Clubessential Holdings’ presence to municipal, county, state and federal military public markets. 

Vermont Systems

Vermont Systems (VSI), headquartered in Essex Junction, Vermont, specializes in developing software products for managing recreation and parks operations for governmental entities. VSI’s cross-channel technology is designed to create consistent community experiences, enhance loyalty with every interaction, and connect all key activities, employees and customers in one place to create efficiencies and make real connections. 

“Vermont Systems is at the forefront of providing innovative and comprehensive software solutions that empower recreation departments and professionals around the world,” said Giles Willey, President & CEO, VSI. “We are excited to join forces with Clubessential Holdings to drive future innovation, collaboration and new products and services for our valued clients.” 

“We’ve been consistently impressed with the people, technology and commitment to outstanding customer experiences behind every interaction we’ve had with Vermont Systems,” said Randy Eckels, CEO, Clubessential Holdings. “Giles and his team of dedicated employees have built a tremendous platform that provides the most comprehensive suite of parks and recreation software solutions to the public markets. We’re pleased to welcome Vermont System’s more than 1,200 customers and 100 employees as a fourth pillar to our family of leading SaaS companies: Clubessential, ClubReady and PrestoSports.” 

“Driving operational efficiency, financial performance, and engagement for a blue-chip customer base, Clubessential Holdings continues to invest in solutions that attract, connect, engage, and delight customers to create raving fans. Vermont Systems complements our expanding portfolio of integrated software and payment solutions companies, now representing over 8,000 clients, accepting over $4 billion in merchant payments revenue, supported by 400 employees and millions of end users experiencing our diverse software applications every day,” said Eckels. 

Needham & Company acted as exclusive financial advisor to Vermont Systems on this transaction. DLA Piper LLP (US) acted as legal counsel to Vermont Systems. Devine, Millimet & Branch, P.A. acted as legal counsel to the shareholder of Vermont Systems. Cooley acted as legal counsel to Battery Ventures and Clubessential Holdings, LLC.