Industry News

12. December 2018

Fitness First Germany takes over elbgym

Fitness First Germany is now cooperating with the performance fitness provider elbgym from Hamburg. elbgym was acquired by Fitness First Germany Holdings GmbH, which also owns Fitness First Germany. The aim of the merger is to...[more]

04. December 2018

Urban Sports Club and Interfit join forces

Urban Sports Club joins forces with competitor Interfit and significantly expands its network of sports partners. The merger expands the sports company's distance as the largest provider of sports flatrates. Together, both...[more]

21. November 2018

eGym raises EUR 17.5 million

Munich-based sports tech company eGym announced the closing of a US$20 m Series D financing round led by NGP Capital. Also involved are the existing investors Highland Europe, HPE Growth Capital and the Bavarian Growth Fund...[more]

24. October 2018

Urban Sports Club strengthens international growth with new investor

Urban Sports Club, European leader in sports flatrates, has secured eight-figure funding. Lead investor of this round is Partech. The investment will be used to promote international growth, with a focus on strengthening supply...[more]

23. October 2018

AFINUM sells Let's Go Fitness to Naxicap Partners

AFINUM Siebte Beteiligungsgesellschaft mbH & Co. KG, advised by AFINUM Management GmbH, has sold the investment in the Let's Go Fitness Group to Naxicap Partners, a subsidiary of Natixis Investment Managers. Let's Go Fitness,...[more]

10. October 2018

Danish Fitness World acquires

The Danish Fitness World takes over, the second largest fitness chain in Switzerland with 70,000 members. The acquisition is part of Fitness World's international growth strategy. With the fast-growing,...[more]

27. September 2018

myClubs takes over Swiss gym network Gymhopper

With over 700 contractual partners, myClubs is the largest sports aggregator in Austria and Switzerland. The Viennese company is now further expanding its market leadership with the purchase of the Swiss fitness center network...[more]

28. June 2018

SATS Group acquires Fitness DK

PARKEN Sport & Entertainment has today signed an agreement to sell Fitness DK to Nordens largest fitness player, SATS Group, which is owned by the Altor Fund III and TryghedsGruppen. Park Sport & Entertainment wishes, with the...[more]

22. June 2018

PureGym acquires Soho Gyms

PureGym has completed the acquisition of Soho Gyms and its 10 fitness clubs, all of which are based in prime London locations and are highly complementary to PureGym’s existing estate. PureGym will convert all of the Soho Gyms...[more]

06. June 2018

eGym acquires qualitrain completely

The company eGym GmbH now completely takes over qualitrain GmbH in Ritterhude, Lower Saxony. Even today, many gyms within the qualitrain network are equipped with fully electronic eGym weight machines or partner devices from...[more]

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