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New Deal


Announced

SoftBank leads $300m Series D investment in Brazilian Gympass.

Financials

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Transaction Value£314m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Entertainment

Acquisition

Private Equity

Private

Brazil

gyms

Pending

Single Bidder

Synopsis

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SoftBank Group leads a $300m investment in a Brazilian startup that makes gym training more accessible for corporate employees. Gympass, founded in 2012, offers monthly passes to more than 2k companies so they can help pay for fitness programs for workers. It has a network of some 47k gyms that offer activities ranging from yoga and ballet to high-intensity training and martial arts.

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