Updated:
DaySmart Software
DaySmart Software is a asset manager based in Ann Arbor, founded 1999; the Altss profile covers its classification, headquarters, registration, AUM band, and...
DaySmart Software
DaySmart Software is a software company based in Wixom, United States, founded in 1999. It has received no external funding.
General information
Firm type
Asset Manager
Year founded
1999
Location
Region
North America
Country
United States
City
Ann Arbor
Corporate office
Ann Arbor, MI, United States
Additional offices
Scottsdale, AZ, United States
Principals
Pat Shanahan
CEO
Sector focus
Frequently asked questions
Who runs investment and strategic decisions at DaySmart Software?
CEO Pat Shanahan leads the company's strategy. Major capital allocation and acquisition decisions are made in partnership with its private-equity sponsor, GI Partners, which acquired DaySmart in December 2023 from TA Associates.
How does DaySmart generate recurring revenue?
DaySmart monetizes through a combination of SaaS subscription fees and integrated payment processing, marketed as DaySmart Pay. By embedding payments directly into scheduling and point-of-sale workflows, the company earns a spread on transaction volume in addition to software licensing fees.
Which end markets does DaySmart serve?
The company focuses on appointment-based service industries, primarily salons and spas, pet grooming and boarding, and medical spas. It also serves tattoo studios through its BookedBy platform.
What is DaySmart's acquisition history under private-equity ownership?
Under TA Associates, DaySmart completed several add-on acquisitions in 2022, including Salon Iris (salon management), 123Pet (pet-care software), and Orchid Medical Spa. These acquisitions expanded its product suite and end-market coverage ahead of the sale to GI Partners.
How is DaySmart structured relative to typical venture-backed SaaS companies?
DaySmart is a private-equity-backed vertical SaaS company, not a venture-capital-funded startup. Its growth is driven by a combination of organic customer expansion and an active buy-and-build acquisition strategy, funded by its PE sponsors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: