Revenue management specialist Transaction Services Group (TSG) has acquired active leisure software and services provider Legend Club Management Systems for an undisclosed sum.

Founded in 2002, Legend is currently installed in more than 1,800 sites worldwide.

TSG provides business management software, integrated payments and value-added services and has become a specialist in the health and fitness industry.

"We believe that our unique combination of software, integrated payments and value-added services allows our clients to do more of what they love," said Steven Holmes, CEO, TSG.

"We want to take away the stresses and strains of their business processes and problems and allow them to focus on their customer.

"Bringing Legend into TSG unlocks a unique opportunity to innovate around the member journey, joining the dots between software, payments and services to deliver a seamless member experience. Ultimately, we want to make our clients' business easier."

Sean Maguire, managing director of Legend, added: "When we started Legend in 2002, we had a vision to build and deliver a customer-focused software platform that would provide our clients with the features and services they wanted.

"Our commitment to growth through innovation is further reinforced by today’s announcement, and we very much look forward to combining our software with TSG’s integrated payments platform to build further momentum with our product development plans."

TSG is majority-owned by private equity group Advent.