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TSG appoints new chief executive to lead company’s Asia expansion

TSG appoints new chief executive to lead company’s Asia expansion
December 13, 2019

Aiming to further drive its expansion in Asia, the Transaction Services Group has announced the appointment of Olivier Vandercamme to the new position of Chief Executive, Asia.

Commenting on the appointment, Steven Holmes, TSG Group Chief Executive of TSG advsed “the recruiting of Olivier confirms that TSG is serious about the Japanese health and fitness market.

“Today, more than four million Japanese citizens are members of health and fitness clubs and Japan represents Asia’s largest health and fitness market by revenue.”

“After considerable analysis, we are convinced that TSG has an innovative, unparalleled offering for the Japanese market in our gym management software and integrated payments platform."

Described as a global executive with proven ability to build teams, establish marketplace relationships, and grow customers and revenue, Vandercamme stated “I don’t think I could be joining TSG at a more exciting time.

"TSG is a leading player throughout Australasia and the UK with new clients in Europe and the USA. With gym membership penetration of the Japanese population at about four percent, we anticipate a major opportunity for growth.”

Vandercamme joins TSG from Life Fitness Japan where he served as President and Representative Director. During his tenure at the fitness equipment provider, Olivier established a new market strategy, built a leadership team, and more than doubled market share increasing profit by more than ten times.

Previously, Belgium-born Vandercamme held senior management positions at BEA Japan and Diba Japan. 

Fluent in English and Japanese, he is a recipient of a Master’s Degree with mention in Communications Sciences at University of Liege Belgium.

Looking forward to Vandercamme contribution to the business, Holmes added “Olivier’s track record of crafting market strategies, building teams, and establishing industry relationships will be crucial to our ambitions in Japan and throughout Asia.”

TSG provides business management software, integrated payments, and value-added services to the health and fitness industry and owns Links Modular Solutions, Debitsuccess and FFA PaySmart.

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30th July 2019 - Education and payment partnership to benefit education industry and students

29th June 2019 - Advent International to acquire majority stake in Debitsuccess owner TSG

14th March 2019 - TSG brands to host first ever combined exhibit at Fitness Show Sydney 2019

9th March 2019 - Debitsuccess delivers 12% increase in revenue to Goodlife’s rebranded former Go Health clubs

2nd January 2019 - Links Modular Solutions announces development plans for 2019

14th December 2018 - Links Modular Solutions and DataHub announce data-driven strategic partnership

13th August 2018 - Japanese fitness group to share expertise in dementia prevention across Asia

24th July 2018 - Sportec 2018 offers view of sports and fitness industry opportunities in Japan

28th June 2018 - Japan’s fitness industry adapts to ageing demographics

6th June 2018 - IHRSA Report shows 22 million members at fitness clubs across key Asia-Pacific markets

28th March 2018 - Debitsuccess makes key business development and marketing appointments

16th February 2018 - Transaction Services Group announces Head of People and Culture

19th June 2017 - Japan looks to future sport industry growth

30th August 2016 - Transaction Services Group acquires Ausfit

4th July 2016 - Transaction Services Group acquires Links Modular Solutions

30th April 2016 - Orangetheory Fitness signs deal for 70 studios in Japan

11th March 2016 - Transaction Services Group announces Executive Team changes

18th January 2016 - Debitsuccess and GymMaster join forces

6th July 2015 - Precor and Links Modular Solutions launch system integration at Aquapulse


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