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New Deal


Announced

Completed

L Catterton and Apax Partners led a $285m Series E round of ClassPass.

Financials

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Transaction Value£217m
Consideration TypeCash
Capital Owned-
Capital Bid For28%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

Private

fitness and wellness

Recreational Services

Venture Capital

United States

Private Equity

Acquisition

Friendly

Cross Border

Synopsis

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L Catterton and Apax Partners led a $285m Series E round of ClassPass, a global fitness and wellness marketplace, with additional participation by existing investor Temasek. "We are motivated by the impact we've had on members and partners, including 100m hours of workouts that have already been booked. This investment is a significant milestone that will further our mission to help people stay active and spend their time meaningfully," Payal Kadakia, ClassPass Founder and Executive Chairman.

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