Houlihan Lokey Advises LEA Partners

Houlihan Lokey is pleased to announce the refinancing of TAC, a leading provider of software solutions for hotel spas, pools, and fitness clubs. Houlihan Lokey acted as the debt advisor on the financing transaction.

Founded in 2001, TAC is a leading provider of software solutions for high-end hospitality and leisure operators. More than 1,200 customers in over 70 countries use TAC’s modular, all-in-one platform to simplify daily operations, deliver a seamless guest experience, and grow their business, from reservation and resource planning to membership management, access control, POS, and payment processing. The refinancing supports LEA’s acquisition of TAC from Clubessential Holdings and underpins the company’s continued growth strategy.

LEA Partners, with more than €2 billion in cumulative capital commitments, invests in technology companies that drive transformative change in their industries and supports founders and management teams at various stages of development to achieve growth and leading market positions. With a team of 35 employees in Karlsruhe, Germany, one of Europe’s largest technology clusters, LEA Partners has managed investments in more than 120 technology companies since 2016.

Houlihan Lokey provided debt advice on all commercial aspects of the financing transaction and managed to secure a highly attractive, tailor-made, and flexible financing structure that will support TAC’s next growth phase.

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