Schoenherr and Brandl Talos Advise Clubessential Holdings on Sale of TAC to LEA Partners

Schoenherr, working alongside White & Case, advised Clubessential Holdings on the sale of TAC Informationstechnologie to LEA Partners, while Brandl Talos, together with Morgan Lewis, advised LEA Partners. The transaction entails the acquisition by LEA Partners, a German private equity firm, of TAC Informationstechnologie, a Hartberg, Austria-based provider of software solutions for hotel spas, pools and fitness clubs. TAC serves more than 1,200 clients globally. Clubessential Holdings, headquartered in Cincinnati, Ohio, offers software-as-a-service and integrated payment solutions for private clubs, golf courses, fitness clubs, spas, municipalities and other institutions under nine global brands, including Clubessential, foreUP, ClubReady, Exerp, Momence, myFitApp, Vermont Systems, RecDesk and CampBrain. The company serves around 25,000 customers worldwide and is backed by Battery Ventures and Silver Lake. Schoenherr represented Clubessential Holdings with a team composed by: Partners Thomas Kulnigg and Marco Thorbauer, Attorney at Law Niklas Kerschbaumer, and Associate Sarah Draexler. Brandl Talos represented LEA Partners with a team composed by: Partners Roman Rericha and Adrian Zuschmann, Attorney at Law Klaus Winhofer, and Associates Lara Praethaler, Daniel Habich, and Joseph Gstoettner.

Schoenherr and Brandl Talos Advise Clubessential Holdings on Sale of TAC to LEA Partners

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