Arkansas-based ABC Fitness Solutions has entered into a definitive agreement to acquire Glofox, a fitness management platform servicing boutique gyms and studios, the two companies announced Tuesday (Aug. 2).
The strategic combination significantly expands ABC’s global reach and amplifies its ability to serve fitness organizations of all sizes, it said in a statement. The transaction is expected to close later this year, but a dollar figure was not disclosed.
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. Glofox is widely recognized as an innovator in management software for boutique fitness brands.
Glofox is used in over 80 countries. Collectively, the two companies will support 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.”
The Glofox acquisition is one of a number of moves ABC has completed in its history. Previous acquisitions include Trainerize, GymSales, and FitnessBI. The addition of Glofox means ABC can now serve any fitness provider of any size worldwide.
“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 & 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.”