Wellhub completed the acquisition of Urban Sports Club from Prosiebensat 1 Media.

Wellhub, a global corporate wellbeing platform that connects employees with wellness plans, completed the acquisition of Urban Sports Club, a European provider of corporate employee benefit programs and consumer wellness solutions, from Prosiebensat 1 Media, a German media and technology company focused on entertainment and commerce. Financial terms were not disclosed. "This acquisition represents a significant milestone in Wellhub’s European strategy. Urban Sports Club’s deep-rooted presence in Europe, coupled with their innovative approach to employee wellness, makes them an ideal partner as we meet the surging demand for holistic corporate wellness solutions and employee benefits. This strategic combination will empower more companies to invest in their employees’ health, ultimately leading to a more engaged and productive workforce," Cesar Carvalho, Wellhub CEO.