Schoenherr, working alongside White & Case, has advised Clubessential Holdings on the sale of TAC Informationstechnologie to LEA Partners. Brandl Talos, working with Morgan Lewis, advised LEA Partners.
LEA Partners is a German private equity firm.
According to Schoenherr, headquartered in Cincinnati, Ohio, Clubessential Holdings 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.
Based in Hartberg, Austria, TAC provides software solutions for hotel spas, pools, and fitness clubs, serving over 1,200 clients globally.
The Schoenherr team included Partners Thomas Kulnigg and Marco Thorbauer, Attorney at Law Niklas Kerschbaumer, and Associate Sarah Draexler.
The Brandl Talos team included Partners Roman Rericha and Adrian Zuschmann, Attorney at Law Klaus Winhofer, and Associates Lara Praethaler, Daniel Habich, and Joseph Gstoettner.
