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Ineos Hygienics
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

TSG and Clearent merge to create Xplor, a new tech business for the fitness and wellness industries

The merger of two tech firms will result in the creation of a business software company serving the wider fitness and boutique wellness industries.

Integrated payment solutions provider Clearent and Transaction Services Group (TSG), a provider of business management software and integrated payments specialising in the fitness industry, have joined forces to create a new company, Xplor Technologies.

Xplor will integrate software, payments, and commerce-enabling solutions with a cloud-based processing platform targeting five key verticals – health and fitness, boutique wellness, education, field services and personal services.

The new company will also provide a range of commerce-enabling solutions, such as CRM and loyalty programme applications, online learning and training software, consumer engagement mobile apps, employee service delivery mobile apps, and billing and account management services.

Both companies are portfolio companies of private equity giant Advent.

At launch, Xplor will have a client base of more than 82,000 businesses operating across 158 countries, which processed US$27bn in payments in 2020.

TSG has developed into a specialised in revenue management solutions and focuses on the health and fitness sectors in Australasia, North America, the UK, Europe and Asia.

It has, in recent years, acquired a number of companies in the fitness sector. In 2019 it took over active leisure software and services provider Legend Club Management Systems from Sean Maguire, followed by a deal to buy TrueCoach – a software company specialising in the personal trainer (PT) sector – in 2020.

Floris de Kort, CEO of TSG, said: “This is a highly complementary combination of applications and platforms that are well-positioned to empower businesses that operate in ‘everyday life’ verticals, which are growing rapidly, because they are so important to consumers around the world.

“This transaction will enable us to better leverage the advantages of our global breadth with our hyper-local expertise. We will invest in and commercialise our product innovations more effectively, such as our suite of mobile apps, so that we can continue to help our clients eliminate friction and deliver better experiences to their consumers and small businesses."

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News

TSG and Clearent merge to create Xplor, a new tech business for the fitness and wellness industries

The merger of two tech firms will result in the creation of a business software company serving the wider fitness and boutique wellness industries.

Integrated payment solutions provider Clearent and Transaction Services Group (TSG), a provider of business management software and integrated payments specialising in the fitness industry, have joined forces to create a new company, Xplor Technologies.

Xplor will integrate software, payments, and commerce-enabling solutions with a cloud-based processing platform targeting five key verticals – health and fitness, boutique wellness, education, field services and personal services.

The new company will also provide a range of commerce-enabling solutions, such as CRM and loyalty programme applications, online learning and training software, consumer engagement mobile apps, employee service delivery mobile apps, and billing and account management services.

Both companies are portfolio companies of private equity giant Advent.

At launch, Xplor will have a client base of more than 82,000 businesses operating across 158 countries, which processed US$27bn in payments in 2020.

TSG has developed into a specialised in revenue management solutions and focuses on the health and fitness sectors in Australasia, North America, the UK, Europe and Asia.

It has, in recent years, acquired a number of companies in the fitness sector. In 2019 it took over active leisure software and services provider Legend Club Management Systems from Sean Maguire, followed by a deal to buy TrueCoach – a software company specialising in the personal trainer (PT) sector – in 2020.

Floris de Kort, CEO of TSG, said: “This is a highly complementary combination of applications and platforms that are well-positioned to empower businesses that operate in ‘everyday life’ verticals, which are growing rapidly, because they are so important to consumers around the world.

“This transaction will enable us to better leverage the advantages of our global breadth with our hyper-local expertise. We will invest in and commercialise our product innovations more effectively, such as our suite of mobile apps, so that we can continue to help our clients eliminate friction and deliver better experiences to their consumers and small businesses."

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Related news

TSG acquires TrueCoach, expands into PT and boutique sector

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News

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Featured supplier: AskNicely helps empower businesses to improve customer experience and boost NPS
Maintaining a consistent member experience across a growing health and fitness brand can prove challenging.
Company profiles
Company profile: fibodo Limited
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Company profiles
Company profile: Technogym
Founded in 1983, Technogym is a world-leading international supplier of technology and design-driven products and ...
Supplier Showcases
Supplier showcase - Fisikal
Supplier Showcases
Supplier showcase - Venueserve Fitness
Catalogue Gallery
Click on a catalogue to view it online
Directory
Skincare
Sothys: Skincare
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Fitness equipment
Octane Fitness: Fitness equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Trade associations
International SPA Association - iSPA: Trade associations
Wearable technology solutions
MyZone: Wearable technology solutions
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Spa software
SpaBooker: Spa software
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Diary dates
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Diary dates
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ExCeL London, London, United Kingdom
Diary dates
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Expo Centre & Riviera di Rimini, Italy
Diary dates
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Diary dates
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Diary dates
04-07 Nov 2021
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Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
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Ineos Hygienics
Ineos Hygienics