REG - 4GLOBAL PLC - Strategic partnership in North America

4GlobalAnnouncement

17/05/2023 07:17

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RNS Number : 6437Z  4GLOBAL PLC  17 May 2023

17 May 2023

4GLOBAL PLC

 

("4GLOBAL", the "Group" or the "Company")

 

Strategic partnership in North America

 

4GLOBAL, a UK-based data, services and software company, is pleased to
announce the signing of a strategic partnership to exploit a multi-million US
dollar opportunity with Jonas Fitness Inc, part of Jonas Software, a worldwide
Constellation Software company.

 

Constellation Software is an international provider of market-leading software
and services to several industries generating consolidated revenues exceeding
US$4 billion. This partnership extends 4GLOBAL's relationship with Jonas
brands into North America and their 10k+ customer sites, building on
well-established relationships with other parts of the Group in the United
Kingdom, including Xn Leisure, Gladstone and Fitronics.

 

Jonas Fitness Inc provides gym management software to health, wellness, and
fitness facilities worldwide. Jonas' continued focus is on creating long-term
relationships with its health club operators and ensuring that it can meet its
software, billing, and service needs.

 

This exciting partnership creates an integration between Jonas Fitness Inc's
'Compete' product and 4GLOBAL 'Biz Insight' module. This will allow Jonas
Fitness Inc customer base to purchase 4Global's Biz Insight software solution
through Jonas Fitness Inc, taking advantage of sector standard KPIs, shared
best practice benchmarks and uncovering operational insights into their
business. The Partnership gives Jonas Fitness Inc. a new software solution to
sell to their customer base, enhancing an already strong product in "Compete"
providing insight that completes the product delivery for Jonas Fitness Inc
customers.

 

Eloy Mazon, Chief Executive Officer of 4GLOBAL, commented:

 

"This partnership reflects our commitment to driving positive change and
making a lasting impact on the fitness industry, widening our reach into North
America making it easier for our customers to have access to our world leading
software products and data providing them better understanding about their
business and their customers. We are confident that this strategic partnership
will unlock new opportunities, inspire a number of people, and assist in
shaping the future of fitness."

 

 

For further information please contact:

 4GLOBAL                                       c/o IFC Advisory

 Eloy Mazon (CEO)

 Spark Advisory Partners - Nominated Adviser   0203 368 3554

 Neil Baldwin

 Canaccord Genuity Limited - Broker            020 7523 8000

 Bobbie Hilliam

 IFC Advisory                                  0203 934 6630

 Graham Herring / Zach Cohen

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the
Market Abuse (Amendment) (EU Exit) Regulations 2019/310.Upon the publication
of this announcement, this inside information is now considered to be in the
public domain.

 

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