Announced
Financials
Sources
Tags
Single Bidder
Pending
Domestic
Friendly
Private
Acquisition
personal training
Online and Social Platforms
Majority
United States
Synopsis
Gympass, a corporate wellbeing platform, agreed to acquire Trainiac, an one-on-one personal training fitness platform. Financial terms are not disclosed. “We’re thrilled to add Trainiac to the Gympass family and see the acquisition as a pivotal decision to continue our growth as a business, whilst providing even more value to our users at a time where health and wellness are at the top of people’s priorities. The complexity of modern life means that beyond access to venues, many users require additional support, accountability and motivation to remain committed to their fitness goals. This acquisition will help us to empower our customers to get the very best out of our network by bringing a new level of personalization to the Gympass experience, and making 1-on-1 personal training more accessible than ever before,” Cesar Carvalho, Gympass Co-Founder and CEO.
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