Gymdesk Raises $32.5M Growth Investment from Five Elms Capital

Five Elms Capital Leads $27M Growth Investment in Practice Better

April 27, 2023

Cloud & SaaS

Practice Better, a Toronto-based practice management SaaS for health and wellness professionals, raised a $27 million growth investment led by Five Elms Capital to accelerate product development, integrations, strategic partnerships, and expansion of its go-to-market and technical teams. The company previously raised $1 million from Disruption Ventures in 2021 and will use the funding to scale capabilities and better support its global customer base.

Clubessential Holdings Acquires RecDesk

May 16, 2024

Cloud & SaaS

Clubessential Holdings, a provider of membership management and embedded payment SaaS, has acquired RecDesk, a Middletown, Connecticut–based provider of cloud-based recreation management software. RecDesk will join Clubessential's parks & recreation vertical alongside Vermont Systems and CampBrain to broaden the company's offerings for municipalities, schools, community centers, and similar organizations.

PSG Provides €60M Growth Investment in Sport Alliance

August 19, 2021

Cloud & SaaS

Hamburg-based fitness software group Sport Alliance has secured a €60 million growth investment from growth equity firm PSG. The capital will be used to accelerate product development, expand go-to-market teams, support international expansion and enable M&A activity to scale the company's cloud-based gym management platform.

Vista Equity Partners Invests $150M in OfficeSpace Software

January 25, 2022

Cloud & SaaS

Vista Equity Partners has made an approximately $150 million strategic growth investment in OfficeSpace Software, a cloud-based workplace management platform, while existing investor Resurgens Technology Partners remains a significant shareholder. The capital will support OfficeSpace's product and go-to-market expansion as companies continue to adopt hybrid workplace tools.

Sixth Street Growth Invests in Emplifi

March 10, 2022

Cloud & SaaS

Emplifi announced a growth equity investment led by Sixth Street Growth at a valuation of over $1 billion, with participation from LionTree and continued majority backing from Audax Private Equity. The capital will be used to accelerate product innovation and expand Emplifi's unified customer experience platform into existing and new markets.

H.I.G. Growth Partners Invests in JumpCloud (Series E $100M)

January 12, 2021

Cloud & SaaS

H.I.G. Growth Partners (through an affiliate) invested in a $100 million Series E growth financing for JumpCloud, the Denver-area cloud-based directory and identity management platform. The capital will be used to expand product development, marketing and global sales as JumpCloud continues to scale its IAM, SSO, MFA and device management offerings.