REG - 4GLOBAL PLC - New US Strategic Partnerships

4GlobalAnnouncement

23/10/2024 07:00

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RNS Number : 2028J  4GLOBAL PLC  23 October 2024

    23 October 2024

4GLOBAL plc

("4GLOBAL" or "the Group")

New US Strategic Partnerships

4GLOBAL, a provider of data and technology for sports, fitness and wellness
organisations to optimise operational and investment decisions, is pleased to
announce the launch of strategic sale channel partnerships with Daxko LLC
("Daxko") and PerfectMind, Inc. ("Xplor Recreation"); each of which is
renewable annually.

The partnerships are a key milestone in 4GLOBAL's expansion into North
America, accelerating its entry into the facility operator market and
unlocking significant growth potential for its 4GLOBAL Insight Platform and
DataHub in the region.

Daxko is a leading US software and integrated payments solutions provider in
the health and wellness sector. Through its partnership with Daxko, 4GLOBAL
will enable non-profit wellness centres to quantitively demonstrate the health
benefits of their programmes, a growing requirement for securing funding.

Xplor Recreation offers software solutions for parks and recreation agencies
to manage engagement and operational efficiency. The partnership will allow
Xplor Recreation to offer its clients modules like 4GLOBAL's CitiHub, which
provides actionable insights to address community needs and drive social
impact.

Partnerships are an integral aspect of the Group's international growth
strategy, enabling it to enter new sectors, diversify its range of
applications, and ultimately drive sustainable long-term revenue growth. By
leveraging existing sales teams and customer networks, 4GLOBAL can capitalise
on expansion opportunities while keeping entry costs low.

Each agreement contains contract terms in line with industry norms.

Eloy Mazon, CEO of 4GLOBAL, commented:

"These partnerships are important steps in our expansion into the US market
and further validation of the value of our offering internationally. They
align with 4GLOBAL's strategy of having a partner in each market vertical and
will complement our long standing relationship with Jonas Fitness Partners.

Combining our data and expertise with our new partners' platforms and
leveraging their best-in-class sales and product teams, will open up
significant opportunities for 4GLOBAL to expand in key new target verticals.
With a comprehensive network of partners in place in the region, we are well
positioned to tap into a vast addressable market, and I am excited about our
prospects moving forwards."

 

Contacts

   4GLOBAL                                       via Alma
   Eloy Mazon (CEO)
   Stuart Wooller (Group Finance Director)

   Spark Advisory Partners (Nominated Adviser)   +44 (0)20 3368 3554
   Neil Baldwin

   Canaccord Genuity (Broker)                    +44 (0)20 7523 8000
   Bobbie Hilliam

   Alma Strategic Communications                 +44 (0)20 3405 0205
   Rebecca Sanders-Hewett                        4global@almastrategic.com (mailto:4global@almastrategic.com)
   David Ison
   Louisa El-Ahwal
   Josh Royston
   Will Ellis Hancock

 

About 4GLOBAL

4GLOBAL empowers sports, fitness and wellness organisations to make faster,
smarter decisions about their operations, customers and investments through
data and actionable insights.

It operates the largest sport participation and facility database in the
world, with more than 4 billion data points.

Sourcing data from health & fitness operators, community programmes and
other structured activities through its DataHub while drawing on information
from GPS location updates and wearable devices, 4GLOBAL's unique combination
of data assets provides a holistic view of physical activity patterns.

4GLOBAL is at the forefront of predictive modelling and advanced analytics,
with the insights it generates empowering customers to drive efficiencies,
improve customer relationships and make more informed strategic decisions.

Its customers span both the public and private sectors, including central and
local governments, cities, sporting bodies, trade associations, health &
fitness operators and sports clubs.

Key markets include North America, the Middle East and Europe. Its
headquarters are in London with offices in Miami and Istanbul.

4GLOBAL was founded in 2002 and listed on AIM in 2021 under the ticker 4GBL.

 

 

 

 

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