YourMembership.com, Affiniscape Merge to form Leading Membership Software, Career Board Services Co.
RELEASE DATE: 12.4.2012
The merged company is headquartered in St. Petersburg, Fla. with offices in Austin, Texas and combines to form the world's largest and fastest growing provider of web-based membership management software and association management software. In addition to delivering SaaS-model membership software, the combined company provides its customer base additional value-add and revenue-generating solutions including: the integrated Member Rewards platform; buyer's guides and supplier directories via Directory Solutions; and industry-specific career board and employment resources through the Affiniscape Career Center service.
William H. Stover Jr., CEO and president of YourMembership.com, leads the combined entity that now serves more than 2,300 customers in 32 countries around the world. The company's customer base includes member-centric organizations such as trade, professional and state-based associations, chambers of commerce, nonprofit organizations, societies and foundations, and alumni organizations.
"Affiniscape has a long and successful history of serving the unique needs of state and local associations while YourMembership.com has a long-standing commitment to diverse member-centric organizations around the globe," Stover said. "For all of our current customers, the benefit of this partnership will be immediate and wide-reaching. Going forward, the combined company will benefit member-centric organizations everywhere by providing even greater, industry-leading software solutions and professional services that meet and exceed the unique needs of specific industry niches."
Adam Weedman, founder and chief strategy officer of Affiniscape, added, "We are excited about this merger with YourMembership.com and are committed to expanding the products and services offered to our customers. With our combined expertise, industry knowledge and years of experience, all of our customers gain immediate value from this partnership." Weedman joined the combined company's executive management team and board of directors. The Riverside Company, a global private equity firm, acquired YourMembership.com in January 2012 and is majority owner of the recently-combined entity. "We're thrilled about bringing together two world-class companies to create the market-leading SaaS software and services provider to associations and member-based organizations," said Joe Manning, vice president with The Riverside Company. "Simply put, it's a win-win for our customers and each organization."
Founded and directed by professionals with more than 100 years of combined experience in association management, technology and marketing, Affiniscape helps associations increase their value, grow their membership, and advance their mission. We achieve this by providing an industry leading SaaS software platform along with a comprehensive suite of value-added services that help associations compete more efficiently and effectively. For more information, visit www.affiniscape.com. About The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $200 million (€200 million in Europe). Since its founding in 1988, Riverside has invested in more than 300 transactions. The firm's international portfolio includes more than 70 companies.
About YourMembership.com Inc.
Established in 1998, YourMembership.com helps associations, organizations, publishers and other companies around the world provide more value to their users, drive non-dues revenue through innovative career centers and buyers guides, increase their relevance through innovative engagement tools, and enhance overall operational efficiencies. YourMembership.com's SaaS-model membership management solution provides associations with the tools they need to effectively brand their organizations, engage their customer bases, and streamline their administrative processes. As the globe's largest provider of membership management and association management software, YourMembership.com now provides comprehensive membership solutions to over 4,300 customers in 32 countries.
For more information visit www.YourMembership.com