ABC Fitness Solutions, Little Rock, Arkansas, has entered into a definitive agreement to acquire Glofox, a fitness management platform based in Dublin, Ireland, servicing the boutique gym and studio sector.
Terms of the deal were not disclosed, but the transaction is expected to close later this year.
The move expands ABC’s global reach and its reach into the boutique studio space. It is just the latest of several acquisitions by ABC. Other companies recently acquired include Trainerize, GymSales and FitnessBI.
Glofox was founded by former professional rugby player Conor O'Loughlin and his colleagues Finn Hegarty and Anthony Kelly. The three will continue to be leaders in the combined business. Offering management software with an all-in-one platform for studios, Glofox has 220 staff members who serve customers in more than 80 countries in 17 languages. 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, the two companies will support more than 31 million members across more than 24,000 fitness locations.
“We are so excited to welcome Glofox into ABC Fitness Solutions. Its range of solutions, focus on the boutique gym and studio sector, and impressive international reach are compelling and will help cement ABC’s position as a truly global solution provider within the fitness industry,” 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.”
O’Loughlin said: “We are thrilled to become part of ABC, a company that has been a pioneer of the fitness industry for over 40 years. 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.”
The service of current customers will remain the ongoing top priority of ABC and Glofox, and each will continue to focus on the respective fitness sectors they serve, according to the announcement.