Ashcombe advises Legend on its sale to Advent-backed TSG
Ashcombe is pleased to announce that it has advised Legend – a leading leisure industry software solutions provider – on its sale to TSG, a portfolio company of Advent International.
Together, the enlarged group, plan to develop a next-generation business management software solution that integrates software, payments and other value-added services to the benefit of health & fitness and childcare clients across the world.
Sean Maguire, CEO and Founder of Legend, commented:
“I am delighted with Simon, Jack and the team at Ashcombe. Their approach and know how dramatically reduced the load on our team whilst delivering assured, proactive communication and deal management throughout the process. Most importantly, their input was invaluable in achieving our transaction objectives. I couldn’t recommend them more highly”.
Simon Bullivant, Ashcombe’s Senior Partner, added:
“Sean and his team have built a first class business and we are very pleased that it has joined Advent’s portfolio. Together we expect the new group to achieve great things.”