NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Bellwether Financial Group (“Bellwether”) today announced the completion of a $20 million equity investment made with Nadavon Capital Partners (“Nadavon”) in Clubspeed, an international leader in cloud-based SaaS solutions designed to enhance customer experience and simplify engagement for entertainment and activity centers around the world.
Bellwether joined Nadavon, an existing investor, in its additional investment in Clubspeed. Romir Bosu, CEO of Nadavon, stated, “We are pleased to have taken our initial minority position to now having a majority interest. Clubspeed has developed a dynamic team and we look forward to working together in building upon its leadership position in the industry as well as expanding its successful platform and offerings.”
“Bellwether is committed to investing in technology platforms that drive efficiency and enhance client engagement,” said Joe Ueberroth, Founder and President of Bellwether. He added, “Clubspeed delivers a product in a growing market that is experiencing a wide variety of service demands driven by a proliferation of venues and continued gamification of activities. We believe that Clubspeed continues to exceed their customers’ needs as it anticipates new product enhancements. As a member of the Board, I look forward to working with Romir and his team.”
About Nadavon Capital Partners
Based in Newport Beach, California, Nadavon Capital Partners is a specialty investment firm focusing on high-growth software and financial technology companies. A team of entrepreneurs themselves with years of experience, Nadavon understands the critical elements that starting and growing a business requires and serves as a financial partner that provides advice, direction and value. For more information, visit Nadavon’s website at www.nadavon.com.
About Bellwether Financial Group
Bellwether Financial Group is an investment company focused on dynamic companies and iconic properties. Bellwether was founded by Joseph Ueberroth in 1997 with a purpose of investing capital with proven management teams and then working together to build successful companies. For more information, visit www.bellwetherfinancialgroup.com.
Clubspeed has the world's leading cloud-based software for activity centers, revolutionizing the way venue owners and managers run their businesses every day. Serving karting facilities, trampoline parks, and family entertainment centers, its features include kart timing, trampoline gamification, point-of-sale, marketing automation and more. For more information, visit Clubspeed’s website at www.clubspeed.com.