Announced
Completed
Synopsis
Affinity Partners, a private equity firm, led a €207m series F round in EGYM, a fitness technology company, with participation from Mayfair Equity Partners and Bayern Kapital. "We are delighted that our new partner Affinity Partners shares our vision to digitalize the entire fitness industry. We want to be the platform that makes fitness clubs leading players in the transformation of the world's largest market of all - the healthcare market - from repair to prevention. This includes modern, safe and effective training programs and data usage to improve training quality and documentation of training success. Corporate health plays a prominent role in achieving this goal. With the new growth capital, we will massively expand EGYM Wellpass to help employers strengthen the wellbeing of their workforces through exercise at thousands of high-quality fitness clubs. The Wellpass program is also an important incentive for companies in the increasing struggle to attract and retain employees. And for fitness and health facilities, EGYM Wellpass is a strong partner so they don't miss out on the billion-dollar trend of workplace health management," Philipp Roesch-Schlanderer, EGYM Co-Founder and CEO.
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