Lumaverse Technologies Acquires ClubExpress

L Squared Recapitalizes Lumaverse Technologies

September 7, 2021

Cloud & SaaS

L Squared Capital Partners is leading a recapitalization of Lumaverse Technologies, partnering with existing investor PSG to support the company's next phase of growth. The transaction will provide capital to accelerate Lumaverse’s organic product development and pursue inorganic growth through add-on acquisitions across its suite of constituent management and engagement SaaS products.

Clubessential Acquires PrestoSports Inc.

September 27, 2017

Software

Clubessential acquired PrestoSports Inc., a provider of SaaS athletic content and event management software, expanding Clubessential's customer base by ~65% and launching a new Sports Division. The deal is an add-on to Clubessential (backed by Battery Ventures) that broadens its membership and club management offering with collegiate athletics website, stats, camp management and live event broadcasting capabilities.

Lumine Group Acquires VAS-X

January 28, 2021

Telecommunications

Lumine Group, a communications and media software platform owned by Volaris Group, has acquired VAS-X (Pty) Ltd (entities in South Africa and Australia). VAS-X provides OSS/BSS billing, customer management, real-time recharge and credit management solutions to mobile operators and MVNEs; the company will continue to operate autonomously as part of Lumine's communications software portfolio.

Luminate Capital Partners Makes Strategic Growth Investment in Axonify

April 20, 2021

Cloud & SaaS

Luminate Capital Partners, a private equity firm focused on enterprise software, announced a strategic growth investment in Axonify, a Waterloo-based leader in frontline employee training SaaS. The capital will be used to accelerate product innovation and other growth initiatives while Axonify continues to be led by CEO and co-founder Carol Leaman; Luminate partners will join the company’s board.

Clubessential Holdings Acquires Exerp

May 14, 2021

Cloud & SaaS

Clubessential Holdings, a Battery Ventures-backed portfolio company, has acquired Exerp, a Copenhagen-based provider of enterprise SaaS membership-management software for large fitness operators. The deal expands Clubessential's international footprint and positions the combined business as a global leader in membership and club-management SaaS for fitness and leisure operators.

EXL Acquires Clairvoyant

December 20, 2021

Data & Analytics

EXL Corporation acquired Clairvoyant, a data, AI and cloud engineering services firm, to strengthen EXL's analytics and cloud capabilities. Clairvoyant — headquartered in Phoenix with more than 550 employees — will join EXL’s Analytics segment to support clients in insurance, healthcare, financial services and retail; the transaction closed in Q4 2021.