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New Deal


Announced

Completed

HPE Growth-backed eGym completed the acquisition of Gymlib.

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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Single Bidder

Friendly

Recreational Services

Cross Border

fitness services

Acquisition

Majority

corporate fitness

Completed

France

Private

Private Equity

Synopsis

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HPE Growth-backed eGym, a global fitness technology firm, completed the acquisition of Gymlib, a French startup that aggregates thousands of gyms to offer sports and wellbeing service for companies and their employees. Financial terms were not disclosed. EGYM relies on a fast-growing customer base of circa 3.6k corporate customers, whose employees have access to over 5.5k top-quality fitness facilities across Germany. The acquisition will combine these customers with Gymlib’s 600 corporate customers and 4.3k fitness facilities across France and Belgium.

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