Genstar Capital and GI Partners Recapitalize Daxko

Daxko Acquires Club Automation

January 30, 2018

Cloud & SaaS

Daxko, a GI Partners–backed provider of software for member-based health and wellness centers, has acquired Club Automation, a Bannockburn/Chicago-area provider of web-based club management software used by 400+ facilities. Club Automation's leadership and team will remain in place as part of Daxko, strengthening Daxko's club management platform and broadening its product offering for health, medical wellness and recreation customers.

Genstar Capital Recapitalizes ConnectiveRx with Minority Investments from Harvest Partners, Blackstone and KKR

March 10, 2020

Healthcare Services

Genstar Capital completed a recapitalization of its portfolio company ConnectiveRx, retaining majority ownership while admitting funds managed by Harvest Partners SCF, LP and Blackstone Tactical Opportunities as minority investors. The transaction also included a refinancing of the company’s credit facility led by KKR Capital Markets and provides ConnectiveRx enhanced financial flexibility to support continued product innovation and growth.

Genstar Capital Reinvests in Association Member Benefits Advisors (AMBA) with Management

August 2, 2021

Insurance

Genstar Capital has reinvested out of its most recent fund in Association Member Benefits Advisors (AMBA), partnering with AMBA's management team to provide new equity capital. The recapitalization will support AMBA's continued organic growth, pursuit of add-on acquisitions, geographic expansion, and broadening of product offerings; AMBA is headquartered in Austin, Texas and serves association members across 40+ states.

Genstar Capital Makes Strategic Majority Investment in Docupace

July 23, 2024

Cloud & SaaS

Genstar Capital has made a strategic majority investment in Docupace, a Holmdel, New Jersey-based provider of cloud-based software for wealth management back-office operations. The transaction is a recapitalization that will leave FTV Capital as a minority investor and position Docupace to accelerate organic and inorganic growth of its platform.

Daxko Acquires Zen Planner

March 20, 2017

Cloud & SaaS

Daxko, a Birmingham-based provider of software for member-based health and wellness organizations, has acquired Zen Planner, a Highlands Ranch/Denver-based member management SaaS provider that serves over 5,500 gyms and studios. The acquisition expands Daxko's reach into the small business segment of the health & wellness market and adds Zen Planner's payments and integrated websites capabilities to Daxko's product portfolio.

Genstar Capital Acquires Majority Stake in Blue Star Sports

April 10, 2017

Cloud & SaaS

Genstar Capital has made a majority equity investment in Blue Star Sports to fund strategic acquisitions and accelerate the company's organic growth. Blue Star Sports — a Frisco, Texas–based provider of sports management software and payment solutions — will continue to have material ownership by founder Rob Wechsler, the Jerry Jones family, and Providence Strategic Growth while using the new capital to expand in North America and internationally.