Techonology company, ABC Fitness Solutions has announced it has entered into a definitive agreement to acquire Glofox, the fitness management platform servicing the boutique gym and studio sector.
The move expands ABC's global reach and amplifies its ability to serve fitness organisations of all sizes. The transaction is expected to close later this year.
Glofox was founded by former professional rugby player Conor O'Loughlin, and his colleagues Finn Hegarty and Anthony Kelly, and all three will continue to be leaders in the combined business.
Its all-in-one platform allows users to manage all aspects of their business with a streamlined, easy-to-use experience for members and staff alike. Its 220-strong team serves customers in over 80 countries in 17 languages around the world. Like ABC, it provides solutions covering all aspects of running a fitness business, from customer acquisition to billing management, from business intelligence to member engagement.
Collectively, ABC and Glofox will support over 31 million members across more than 24,000 fitness locations with technical solutions.
"We are so excited to welcome Glofox into ABC Fitness Solutions," said Bill Davis, CEO of ABC Fitness Solutions. "When combined with our existing strength in North and Latin America, as well as our market-leading software solutions for the personal trainer and commercial fitness club sectors, we now have a combined offering greater than the sum of its parts and unrivalled by any company in the industry."
"We are thrilled to become part of ABC, a company that has been a pioneer of the fitness industry for over 40 years," said Conor O'Loughlin, CEO and Co-Founder of Glofox. "To be able to align with a partner that shares the same purpose and values and that can provide additional resources to drive innovation and accelerated international growth is a tremendous advantage to our team and our customers. As part of ABC Fitness Solutions, Glofox has an extremely exciting future, and we look forward to taking the combined business to the next level."
