Togetherwork, which is backed by Aquiline Capital Partners, has acquired Ridgewood, New Jersey-based Capturepoint, a provider of recreation management software. No financial terms were disclosed.
NEW YORK (PRWEB) NOVEMBER 30, 2017
Togetherwork, the emerging leader in Group Management Software and Payments, announced the acquisition of Capturepoint, a leader in software for Recreation Management. Capturepoint is the developer of CommunityPass, a comprehensive, cloud-based registration management solution for recreation and schools. CommunityPass provides millions of families with the ability to register and pay online for classes, activities, memberships, tickets and more. Schools and recreation organizations use CommunityPass to service customer requests, track transactions, communicate with customers and maintain better control over their businesses. The company will be an independent operating company within Togetherwork, with founder Joe Oriente continuing to serve as President.
“I’m pleased to have Capturepoint in the Togetherwork family,” said Neil Platt, CEO of Togetherwork. “They represent a new step forward in expanding the breadth of customers we serve in the recreation and leisure market, and Togetherwork is in an ideal position to help drive their growth to the next level.”
“We are excited to be part of Togetherwork,” said Joe Oriente, President of Capturepoint. “CommunityPass is a clear market leader in our home state, New Jersey, and with the help of Togetherwork we are eager to expand our footprint nationally, while also bringing additional payments capabilities that will improve the user experience for our customers.”
Togetherwork has acquired fourteen companies, as it builds a growing family of group management and payments software companies.
Togetherwork is the emerging leader in software and payments for groups and organizations of all kinds, helping them grow, become more efficient, increase revenues, and provide excellent service to their members and constituents. Togetherwork has more than 300 employees nationwide and is majority owned by Aquiline Financial Services Fund III L.P., a private equity fund that invests in financial services and financial technology businesses. To learn more about us, please visit http://www.togetherwork.com.
Capturepoint is the developer of CommunityPass, which provides recreation departments and school districts with a highly customizable platform for managing registrations, reservations and payments. CommunityPass empowers thousands of administrators with tools to create personalized customer experiences, content-rich e-commerce, real-time reporting and powerful communication. Our products become an integral part of community life, providing residents with easy access to local activities and programs and helping members develop social bonds and greater community awareness. To learn more about us, please visit http://communitypass.net/.