Alantra advises Technogym on the sale of Exerp to Clubessential Holdings

May 2021

Sell-side advisory

Copenhagen – Alantra, the global investment banking and asset management specialist, has advised Technogym, a leading company in equipment for fitness, on the sale of Exerp, a leading provider of fitness club management software, to Clubessential Holdings, a portfolio company of Battery Ventures.

Exerp delivers enterprise software solutions to the biggest fitness brands in the world with clients such as Virgin Active, Puregym, Lifetime Fitness, Goodlife Fitness, SATS and Fitness World. Headquartered in Copenhagen with subsidiaries in the US and Australia, the company covers the world, solving the needs for the most complex fitness operators globally.

Headquartered in Cesena, Italy, Technogym, is a world leader in designing and manufacturing fitness equipment, providing customized solutions to private homes, fitness clubs, hotels, spas, rehabilitation centres, corporate gyms, universities, professional sports facilities and more.

Backed by Battery Ventures, Clubessential Holdings is a provider of a full suite of membership and club management software (SaaS) solutions to private clubs, health & fitness clubs, college athletic programs, and parks and recreation entities.