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New Deal


Announced

Cure.fit to acquire Fitternity.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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booking platform

Single Bidder

Domestic

Friendly

Acquisition

India

Pending

fitness aggregator platform

Majority

Internet

Private

Synopsis

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Curefit, a provider of health care software, agreed to acquire Fitternity, an operator of a fitness discovery and booking platform. Financial terms were not disclosed. "With this acquisition we hope to build a stronger ecosystem of fitness centres and gyms. The focus will remain to bring in high-quality standards and experience across the entire gym network and ecosystem," Naresh Krishnaswamy, Curefit Business Head and Head of Growth and Marketing.

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