EverCommerce Announces Divestiture of its Fitness Solutions
DENVER, March 13, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ: EVCM), a leading service commerce platform, today announced that it is selling its fitness solutions to Jonas Software.
- DENVER, March 13, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ: EVCM), a leading service commerce platform, today announced that it is selling its fitness solutions to Jonas Software.
- 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, will become part of the Jonas family of software solutions upon close of the transaction.
- “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.
- “This decision allows us to focus our investments on the highest growth, largest market opportunities in our business.”
“We are excited to welcome the EverCommerce fitness solution employees and customers to Jonas Software.