Announced
Completed
Financials
Sources
Tags
Acquisition
Majority
Completed
Software
Private
Friendly
Single Bidder
United States
software development
Private Equity
Cross Border
Synopsis
Advent-backed TSG, a global provider of business management software, completed the acquisition of TrueCoach, a US-based software company. Financial terms were not disclosed. "Digital fitness services have enjoyed significant growth in recent years, and we are actively offering TrueCoach to our gym owners in the United Kingdom, Australia, and New Zealand. The power and flexibility of the TrueCoach platform is precisely attuned to our vision of Empowering Passionate People. We believe our clients deserve to do more of what they love while we take the stresses and strains of the processes and problems," Floris de Kort, TSG CEO.
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