ClubSoft, a provider of software services for private clubs, has been sold to Clubessential.
As part of the deal, ClubSoft founder and CEO Ray McDonald joins Clubessential as executive vice president of sales and marketing.
Triangle-based investor John McConnell joins the board.
Financial terms were not disclosed.
The deal was announced Wednesday. Clubessential is based in Cincinnati.
Between the two firms, the merged operation launches with more than 1,300 clients.
“This merger presents clubs with the modern integrated product suite they have been seeking for years,” McDonald said in a statement. “It represents a great opportunity for clubs today because they will no longer have to choose multiple ‘best of breed’ vendors – all the best individual products will be in a single integrated suite. Add to this Clubessential’s full service in-house design agency, and all the bases are covered.”
William Ivers will serve as CEO of the merged firm. Other executives include Tom ivers as chief information officer and Bill ivers, Jr. as president.
Combination of two “best of breed” private club software companies creates a single source for integrated club software. Company already serves more than 1,300 clients.
Clubessential plans to incorporate ClubSoft’s accounting and point of sale offerings into its own products.
Clients include Pinehurst, Boca West Country Club, The Club at Admiral’s Cove, Cherokee Town and Country Club, and Congressional Country Club.