Togetherwork, the emerging leader in Group Management Software and Payments, today announced the acquisition of Doubleknot, a provider of integrated registration, reservations, membership, ticketing and admissions software and point-of-sale solutions for nonprofits.
The preeminent provider of management software for scouting councils, Doubleknot’s diverse client base includes zoos, museums, aquariums, nature centers, day camps, retreat centers and youth programs, among others.
Doubleknot will become an independent operating company within Togetherwork, and will continue to be managed by co-founders Joe Garappolo and John Rees.
“Doubleknot is a great addition to the Togetherwork family,” said Neil Platt, CEO of Togetherwork. “In addition to their established and growing business serving nonprofits, they also bring strong product capabilities that we will leverage in other Togetherwork operating companies. Joe and John are experienced and accomplished entrepreneurs and we look forward to working with them as they continue to grow Doubleknot.”
“We are delighted to be part of Togetherwork,” said Joe Garappolo, CEO of Doubleknot. “We believe this will be a huge win for us and for our clients, as we will be able to grow Doubleknot faster by focusing more of our energy on the real drivers of our business, so we can continue to deliver more functionality and great service.”
“The Togetherwork concept was a great fit for us,” said John Rees, President of Doubleknot. “Joe and I get to continue to run our company, while having access to the resources, scale and expertise of Togetherwork. We have considered other acquisition options over the years, but none of them offered the combination of autonomy and resources that Togetherwork does.”
Togetherwork is the emerging leader in software and payments for groups and organizations of all kinds, helping them grow, become more efficient, increase revenues, and provide excellent service to their members and constituents. Togetherwork has over 140 employees nationwide and is majority owned by Aquiline Financial Services Fund III L.P., a private equity fund that invests in financial services and financial technology businesses. To learn more about us, please visit www.togetherwork.com.