Announced
Financials
Sources
Tags
Domestic
Majority
Pending
Single Bidder
Germany
meditation
digital platform
mindfulness
Digital Services
Acquisition
Private
Friendly
Private Equity
Synopsis
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.
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