Jonas Software Announces the Acquisition of Innosoft Canada Inc. ("Innosoft")

3/13/2017

Jonas Software is pleased to announce the acquisition of InnoSoft Canada Inc. ("InnoSoft"), the leading provider of campus recreation management software to the College and University market in North America.

With the acquisition of InnoSoft, Jonas Software now boasts over 70 independently operated brands within 17 different markets.

"We are excited to welcome the InnoSoft team to the Jonas family. InnoSoft and its flagship application, Fusion, represent strong additions to our growing group of companies serving the fitness, recreation, registration and membership management markets. Fusion leads the way in campus recreation, and our acquisition of InnoSoft is yet another demonstration of our commitment to the fitness market." - Steven Pinado, Portfolio Manager at Jonas Software.

Brian Foster, CEO of InnoSoft added,

"Our acquisition by Jonas Software provides our customers and our team with increased confidence that Fusion will continue to be the solution of choice for years to come. Fusion will always be a client-centric software that is focused on being the most innovative campus recreation solution available. With Jonas, we now have access to world-class best practices and the financial strength to support the growing needs of our customers and the campus recreation market."

About Innosoft Canada

InnoSoft is the leading provider of campus recreation management software to the University market in North America with world famous customers such as Wisconsin, Michigan, Western, Waterloo, Notre Dame, Florida, UCLA, Arizona State and many more. Over the years, InnoSoft has built strong products and services to help Colleges and Universities fully manage all aspects of their recreational facilities, so that student, faculty and staff members, as well as selected outside guests, have the ability to utilize facilities and sign up for various activities and leagues.

About Jonas Software

Jonas Software operates over 70 independently managed software companies around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From our roots formed in the Construction and Club Management markets, our reach has grown extensively within the Fitness, Recreation, Hospitality and Industrial verticals. Today we are proud to supply industry leading enterprise management software and related services to 17 vertical markets. www.jonassoftware.com