Xplor, Clubessential To Merge in Major Fitness Software Consolidation
Xplor Technologies and Clubessential Holdings will form a global software and payments giant serving fitness clubs, wellness studios and more. Randy Eckels will lead the new org
Xplor Technologies and Clubessential Holdings have agreed to merge, forming a scaled global provider of software and payments solutions across multiple sectors, including a major presence in fitness and wellness, the sides announced Wednesday.
Terms of the deal weren’t disclosed. It’s expected to close by the end of 2025, with Xplor, which owns platforms including Mariana Tek, and Clubessential, operating independently until then.
The combined company will serve more than 130,000 customers worldwide, process $47 billion in annual payments volume, employ roughly 2,500 people and generate nearly $900 million in annual revenue. The business will span fitness and wellness, golf and club, parks and recreation and home services.
“I’m excited for the future we’ll build as one team,” Clubessential Holdings CEO Randy Eckels said. “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.”
Eckels will lead the merged organization, while Xplor CEO Pamela Joseph will step into a non-executive director role on the board. Justin LaChance, Xplor’s chief financial officer, will expand his role across the combined company.
“This is a milestone built on combining proven technology with the people who know how to push it further,” Joseph said. “Together, we’ll be able to move faster, better serve the evolving needs of our markets, and open new opportunities for our customers and partners.”
Advent International, Xplor’s majority owner, will continue to back the new entity. Clubessential investors Battery Ventures and Silver Lake will remain significant minority investors and board members.