Daxko LLC and affiliate Daxko India Technology Solutions Private Limited have made a 100% acquisition of Grip Technologies Private Limited (FitnessForce).
CMS INDUSLAW advised Daxko LLC and Daxko India on this acquisition.
The transaction team was led by Rashi Bharadwaj (Partner), Shivani Singh (Principal Associate), Chandresh Goyal (Senior Associate) and Mahak Agarwal (Associate). They were supported by the following:
Corporate Secretarial team: Ruhi Jain (Executive Director), Praveen Hegde (Manager), Adarsh Joshi (Assistant Manager) and Fhareen Abdul Aziz Khan (Executive).
Direct Tax team: Lokesh Shah (Partner), Gaurav Goyal (Counsel) and Namrata Rawat (Associate).
Indirect Tax team: Shashi Mathews (Partner) and Rajitha Nair (Principal Associate).
Daxko is a leading global software, payments, and data solutions provider serving the health, fitness and wellness industry.
The acquisition of FitnessForce, an award winning, modern, API-first membership management platform purpose-built for multi-location, franchise, and international fitness operators, strengthens Daxko's position, driving global fitness growth and broadens a customer-oriented portfolio.
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