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 consisted of:
Corporate team: 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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