Toronto, Canada, March 14, 2013 – Jonas Software ("Jonas") announced today that is has completed the acquisition of all the business assets of Club Solutions from Fiserv, Inc. The acquisition of Club Solutions further expands Jonas' presence in the fitness, sports and leisure vertical.
"Club Solutions from Fiserv has established itself as a leader in providing fully integrated enterprise software and payment solutions in the fitness, sports and leisure industry," said Barry Symons, CEO of Jonas. "Adding Club Solutions to our rapidly growing Fitness, Sports and Leisure Business Unit further strengthens our place in this important market and we are very excited to welcome the Club Solutions customers and employees to our organization."
"Club Solutions pioneered management software for the health club industry, and has a talented team of associates who are committed to the success of club clients," said Jardon Bouska, Division President, Biller Solutions at Fiserv. "We believe the clients and associates of Club Solutions will be well-served by Jonas Software's focus on the health and fitness industry."
The Club Solutions assets acquired in this transaction will become part of a new company called Jonas Fitness, Inc. Adam Zeitsiff, who also serves as the Business Unit Manager for the Fitness, Sports and Leisure Division of Jonas Software in North America, will assume the role of President of Jonas Fitness, Inc. and will be responsible for executing all aspects of the company's future growth and expansion.
"This acquisition represents a unique opportunity for Jonas to solidify its position as the market-leader in software and billing services across a wide-range of customers in the fitness industry," said Zeitsiff. "At the same time, we are excited to welcome new employees into our company who are forward-thinking, intelligent and highly dedicated people that will add significant value to our organization. I'm looking forward to working closely with the team on a daily basis as Jonas Fitness emerges into the market."
Jonas Software is a leading provider of enterprise management software solutions to a number of vertical markets including a leadership position in the global Fitness, Sports and Leisure vertical. Jonas has over 25,000 customers, in over 15 countries worldwide. Jonas' focus is on creating long term relationships with our customers and ensuring that we meet and exceed their software and service needs.
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization.
For more information, please contact Jonas Fitness: email@example.com