Vermont Systems, Inc.
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Vermont Systems, Inc. - overview
Established
1985
Location
-, VT, US
Primary Industry
Software
About
Vermont Systems, Inc. specializes in integrated recreation management software, enhancing operational efficiency across various organizations, including parks, municipalities, and educational institutions. Founded in 1985 in the United States, Vermont Systems focuses on providing software solutions that assist in managing recreational activities. In January 2020, Clubessential, LLC acquired Vermont Systems.
The founder's history is not publicly available, nor are details on any subsidiaries or previous companies. Vermont Systems specializes in providing integrated recreation management software designed to enhance the operational efficiency of parks and recreation departments, municipalities, colleges, universities, camps, and military organizations. Their core product offerings include RecTrac, WebTrac, and GolfTrac, which collectively streamline the management of registrations, payments, and patron experiences. These solutions enable users to efficiently manage diverse recreational activities while delivering personalized experiences that meet the varied expectations of their communities.
Vermont Systems serves a wide range of clients across North America, including urban municipalities and educational institutions, aiming to improve service delivery and administrative efficiency. The software is particularly beneficial for organizations seeking to leverage technology to foster community engagement and streamline administrative processes, thereby promoting a more vibrant recreational environment. Vermont Systems generates revenue primarily through a subscription-based model, where clients pay for access to their suite of software solutions. The firm structures its transactions to cater to a diverse client base, including parks and recreation departments that utilize their applications for financial processing and event management.
Revenue is derived from annual subscription fees, with clients often opting for tailored service packages that align with their specific needs, including fully hosted applications. Vermont Systems' flagship products, such as RecTrac and WebTrac, form the foundation of their offerings, providing scalable solutions that adapt to the evolving demands of recreation management. Vermont Systems aims to enhance its product lineup with new releases planned for the upcoming year, focusing on improved functionality for existing software. The company is also targeting expansion into international markets, particularly in Europe and Asia, by 2023.
The acquisition by Clubessential, LLC in January 2020 will support these initiatives, enabling Vermont Systems to leverage additional resources and expertise to drive growth.
Current Investors
Clubessential, LLC
Primary Industry
Software
Sub Industries
Data Centers, Analytics & Performance Software, Systems Management Software
Website
www.vermontsystems.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Vermont Systems, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | CampBrain | - | ||||||||
| Add-on | Completed | Vermont Systems, Inc. | - |
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