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Stock impact report

EverCommerce to divest its fitness solutions business [Seeking Alpha]

EverCommerce Inc. (EVCM) 
Company Research Source: Seeking Alpha
According to EVCM, its fitness solutions include ClubOS, ASF, ClubWise and My PT Hub, which provide end-to-end business management software for large format gyms, specialty fitness and personal trainers. EVCM's fitness solutions will become a part of Jonas family of software, EVCM added. "Our fitness solutions are well-regarded by our approximately 10,000 customer locations in the market but are less than 4% of EverCommerce's 2023 revenue, making it our smallest vertical market opportunity," said EVCM CEO Eric Remer. The companies expect the deal to close in two parts. Recommended For You More Trending News Recommended For You More Trending News About EVCM Stock Related Stocks Trending Analysis Trending News Show less Read more
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