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85 Advisors
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85 Advisors acted as exclusive financial advisor to ClubExpress on its sale to Lumaverse Technologies, a portfolio company of L Squared Capital Partners and PSG. Financial terms were not disclosed.
ClubExpress
Founded in 2003, ClubExpress gives member-based organizations one place to run their front and back office: membership, marketing, communications, administration and payments. More than 2,000 clubs and associations use it.
Why it fits
Lumaverse makes tools that help schools, nonprofits and businesses organize groups, from sign-ups and scheduling to registration, volunteer and event management, fundraising and auctions. Nearly 200 million people used its software in the twelve months before the deal.
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