The Riverside Company has sold YourMembership.com, Inc. following a five-year hold period that saw considerable growth across all aspects of the business.
Based in St. Petersburg, Florida, YourMembership offers a very strong end-to-end member engagement platform for member-based organizations, such as associations, non-profits, chambers, and corporate groups.
YourMembership’s SaaS suite includes membership management software, learning management software, online career centers, websites, event management, and online social communities. YourMembership’s software helps its clients attract more members, reduce costs, increase revenue, and save time.
YourMembership’s growth during Riverside’s ownership was highlighted by exponential growth in both sales and EBITDA, driven in part by three strategic add-on acquisitions, which enhanced the company’s product capabilities, expanded its customer base, and strengthened its management team. YourMembership’s revenues and EBITDA increased roughly eight-fold and seven-fold, respectively, since 2011.
Jones Day has advised The Riverside Company in its sale of YourMembership with a team led by partner Joseph Hatina.
Involved fees earner: