TSG, a global provider of value-added Services and business management software, has announced on Thursday that the company has successfully acquired the Stadline in a bid to expand its operations in Europe.
According to the details released by the PR News Wire News Agency, the company has acquired the Stadline, France-based leading provider of management services and software for the fitness sector, to further dig its feet in the competitive fitness sector of Europe.
After the merger of Resamania and Stadline, the company has emerged as the most advanced, dynamic and innovative SaaS company in the highly competitive French Market. The Stadline acquired company Resamania efficiently meets the need of large multi-size Gym Chains in the highly competitive French Market.
Boss of Stadline Frédéric. Buisson said, “When we merged our companies in 2015, we aimed to develop a unique and innovative solution in the sector, dedicated to providing large multi-site gym chains with the features and services they needed and could not find anywhere else. Together With Pascal Farange (Chief Operating Officer) and Jérôme Weber (Chief Technology Officer), we are excited to open this new chapter in Stadline’s trajectory, and we look forward more than ever to driving the company to launch the combined strategy.”
Chief Executive Officer of TSG Group, Floris de Kort said, “We believe that the combination of Stadline and TSG will further strengthen Stadline’s market leader position in France, leveraging TSG’s expertise in payments and value-added services to develop an attractive and integrated offering for customers.”
“Furthermore, this combination will drive international expansion in the markets in which Stadline has already entered, especially starting in Spain. We are delighted to join forces and welcome Frédéric, Pascal and Jérôme, a team of passionate entrepreneurs, to the TSG family,” Kort continued.
Alonzo Coleman is our freelance contributor. He is responsible for covering developments in Health and Tech categories. Alonzo writes related to the Health Category. He manages to cover anything thrown at him in these two verticals owing to his natural inclination towards Health.
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