.
MergerLinks Header Logo

New Deal


Announced

Completed

Battery Ventures-backed Clubessential completed the acquisition of Exerp from Technogym for $53m.

Financials

Edit Data
Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Software

Private

Completed

Single Bidder

Acquisition

Cross Border

management software

Private Equity

Denmark

Friendly

Majority

Synopsis

Edit

Battery Ventures-backed Clubessential, a provider of membership and club-management solutions to the private club, completed the acquisition of Exerp, a Danish company active in club members management software, from Technogym, a company that designs, manufactures, and sells fitness equipment and solutions, for $53m. "For the past 15 years, the Exerp team has been on a mission to make the world healthier and happier by shaping the fitness industry. Our goal is to be the trusted partner helping leading health club operators enable their digital transformation. We're very excited to have found a business partner in Clubessential Holdings that shares our vision and commitment to exceptional customer service and will help accelerate our growth around the world," Rémi Nodet, Exerp CEO & CTO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US