Announced
Completed
Financials
Sources
Tags
Single Bidder
Friendly
Recreational Services
Cross Border
fitness services
Acquisition
Majority
corporate fitness
Completed
France
Private
Private Equity
Synopsis
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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