Oakley Capital to acquire 7NXT for €43m.

Private equity firm Oakley Capital agreed to acquire 7NXT, which provides online fitness programs for a variety of audiences, for €43m ($50m). "7NXT is a leader in the high-growth digital fitness and nutrition market, with an excellent leadership team, driven to fulfil their mission of empowering people to live healthy and positive lifestyles. As a founder-led, tech-enabled business, 7NXT demonstrates many of the traits that Oakley targets in an investment and we believe that it is well placed to build on its position as the German market leader. We are looking forward to partnering with Markan and the team at this exciting stage," Peter Dubens, Oakley Capital Managing Partner.