.
MergerLinks Header Logo

New Deal


Announced

7NXT to acquire 7Mind from Sudwestdeutsche Medienholding.

Financials

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

Sources

Edit

Tags

Edit

Domestic

Majority

Pending

Single Bidder

Germany

meditation

digital platform

mindfulness

Digital Services

Acquisition

Private

Friendly

Private Equity

Synopsis

Edit

7NXT, an online fitness program for various audiences, agreed to acquire 7Mind, a digital platform for meditation and mindfulness, from Sudwestdeutsche Medienholding, a diversified media company. Financial terms were not disclosed. “This is a transformational deal for 7NXT and Gymondo, which will help to diversify our business, increasing our B2B customer base while adding valuable mindfulness content for our existing and new customers. It’s a win-win combination, and we are pleased to welcome 7Mind on our journey to build an international market leader for physical and mental wellbeing,” Markan Karajica, 7NXT Founder & CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US