PYXiS Software Group Acquires EverCommerce's Fitness Solutions
Markham, Ontario, March 13, 2024 –PYXiS Software Group ("PYXiS"), a division of Jonas Software, is pleased to announce the acquisition of EverCommerce’s fitness solutions, including ClubOS, ASF, ClubWise and My PT Hub, which provide end-to-end business management software for large format gyms, specialty fitness, and personal trainers. They will become part of the PYXiS Software Group's family of software solutions upon close of the transaction.
“We are excited to welcome the EverCommerce fitness solution employees and customers to the PYXiS Software Group. They will be a strong addition to our global Fitness, Leisure and Sports vertical,” said Arthur Morris, CEO of the PYXiS Software portfolio at Jonas. “We are looking forward to working closely with the teams at ASF, Club OS, ClubWise and My PT Hub and helping them to drive increased value for their customers.”
“Our fitness solutions are well-regarded by our approximately 10,000 customer locations in the market but are less than 4% of EverCommerce’s 2023 revenue, making it our smallest vertical market opportunity. We believe selling these solutions to the PYXiS Software Group, a larger player and leader in the space who can realize broader economies of scale and invest in the products at an accelerated rate, is the best outcome for our fitness customers, our current employees, and our investors,” said EverCommerce CEO Eric Remer. “This decision allows us to focus our investments on the highest growth, largest market opportunities in our business.”
The transaction is expected to close in two parts. The North American businesses, Club OS and ASF, have closed simultaneous with signing. The international businesses, ClubWise and My PT Hub, are expected to close during the third quarter of 2024 following customary closing conditions and regulatory approvals.
About PYXiS Software Group
PYXiS Software Group, a division of Jonas Software, is a buy-and-hold forever acquirer of vertical market software businesses. PYXiS supports the leadership teams of our independently managed software brands, providing them with the strategic guidance and financial security required to be leaders in their respective markets. We have strong roots in the Fitness, Sports and Leisure verticals with over 20 independently operated brands servicing customers around the world. As a subsidiary of Constellation Software Inc. (TSX: CSU), one of the world’s largest owners and acquirers of vertical market software companies, we’re dedicated to empowering our customers to achieve their goals with our innovative solutions.
About EverCommerce
EverCommerce (NASDAQ: EVCM) is a leading service commerce platform, providing vertically-tailored, integrated SaaS solutions that help approximately 708,000 global service-based businesses accelerate growth, streamline operations, and increase retention. Its modern digital and mobile applications create predictable, informed, and convenient experiences between customers and their service professionals. With its EverPro and EverHealth brands specializing in Home and Health service industries, EverCommerce provides end-to-end business management software, embedded payment acceptance, marketing technology, and customer experience applications. Learn more at EverCommerce.com.
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