OliveX acquires UK-based company Volution to fast track the development of their KARA Smart Fitness platform.
AGH Law’s George Henderson is pleased to have assisted OliveX in its acquisition of UK-based company Volution, which will fast track the development of OliveX’s KARA Smart Fitness platform through the integration of the Volution technology.
Volution is a UK-based software business that develops end-to-end CRMs specifically for the fitness industry. Volution’s assets include a suite of fitness-focussed technology solutions, such as “Virtual Hub” products that allows fitness trainers to create, upload and schedule classes, that can be used in the KARA Smart Fitness platform development.
OliveX will also acquire Volution’s existing contracts with Anytime Fitness Philippines and Fitness World, bringing direct access to 256 gyms and the potential to access a wider network of approximately 5,000 gyms around the world.
Keith Rumjahn, CEO of OliveX said of the acquisition, “the Volution technology will give us yet another way to leverage data to create better ways to make fitness fun and rewarding, so we are very excited about working with the Volution team and truly taking OliveX to the world.”
Congratulations to the team at OliveX! Read more about the acquisition here: https://www.nsx.com.au/ftp/news/021739043.PDF
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