Xplor Technologies and Clubessential Holdings have entered a definitive merger agreement, forming a global leader in SaaS and embedded payments for fitness, golf, parks, recreation, and home services verticals.
Xplor Technologies, a global platform delivering software as a service (SaaS) and embedded payments to everyday life verticals including childcare, education, fitness, wellbeing, field services, and personal services, has agreed to merge with Clubessential Holdings, a provider of SaaS and embedded payments for membership-based organizations. The transaction, announced on September 16, 2025, aims to establish a unified global provider of software and payment solutions tailored to fitness and wellness, golf and club, parks and recreation, and home services sectors. This combination leverages complementary strengths to enhance innovation and operational scale in these high-growth markets.
The merged organization will support more than 130,000 customers globally, processing $47 billion in annual payments volume while generating nearly $900 million in revenue and employing around 2,500 professionals. Customers will experience continuity in operations, augmented by shared resources, best practices, and accelerated innovation across the expanded platform. "I'm excited for the future we'll build as one team," said Randy Eckels, CEO of Clubessential Holdings. "Both companies have spent the last decade redefining what's possible in software and payments. Now, we'll bring that momentum together to accelerate innovation and deliver even more value to our customers."
Post-merger, Randy Eckels will serve as CEO of the combined company, drawing on his experience at Clubessential Holdings. Xplor CEO Pamela Joseph will assume a non-executive director position on the board, and Xplor CFO Justin LaChance will take on an expanded role across the entity. The organization will remain majority-backed by Advent International, Xplor's primary investor, with Clubessential's backers Battery Ventures and Silver Lake retaining significant minority stakes and board seats. The merger is anticipated to close by the end of 2025, subject to regulatory approvals and standard conditions, with both companies operating independently until completion. Advisors included JP Morgan and Cooley for Clubessential, and Goldman Sachs, Barclays, UBS, and Weil Gotshal for Xplor.
This merger positions the combined entity to drive greater efficiency and growth in SaaS and embedded payments, empowering businesses in membership and service-oriented verticals with advanced, integrated solutions for sustained competitive advantage.
Founded in 1998 and headquartered in Cincinnati, OH, Clubessential Holdings provides Software as a Service (SaaS) and embedded payment solutions to private clubs, public golf courses, health & fitness clubs, military organizations, municipalities, and camp organizations. Across nine brands – Clubessential, ClubReady, Exerp, Momence, foreUP, Innovatise, Vermont Systems, RecDesk, and CampBrain – the company serves more than 25,000 customers globally who leverage the technology to attract, engage, and retain over 50 million members and community patrons for life. Clubessential Holdings is backed by investors Battery Ventures and Silver Lake.
Xplor Technologies is a global platform combining Software as a Service (SaaS), value-added services, and embedded payments to help businesses grow. Xplor serves "everyday life" verticals – childcare & education, fitness & wellbeing, field services, and personal services – alongside a global cloud-based payments platform. Xplor operates across North America, Australasia, Asia, Europe, and the UK, supporting over 106,000 businesses and processing more than $37 billion in payments in 2024.
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