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Industry News

08. August 2019

Urban Sports Club and OneFit team up

The German sports and fitness platform Urban Sports Club and its Dutch counterpart OneFit have signed agreements to merge, in order to strengthen their leading position in Europe. The transaction, which is anticipated to take...[more]

05. August 2019

Holmes Place founder acquires a controlling stake in boutique fitness provider TRIB3

Allan and Jonathan Fisher have completed a Series A capital investment deal in boutique fitness brand TRIBE3, which has seen them acquire a controlling stake in the business.[more]

23. July 2019

LifeFit Group successfully issues a EUR 40 million senior secured bond

LifeFit Group, a fitness and health platform in Germany and operator of the Fitness First, elbgym and Barry’s Bootcamp brands, has issued a EUR 40 million senior secured Nordic bond. Net proceeds will contribute to financing the...[more]

14. February 2019

Migros Freizeit Deutschland acquires Greinwalder & Partner

Migros Freizeit Deutschland strengthens its commitment in the German fitness market by taking over Greinwalder & Partner. The company ACISO will be created on 1 January 2019 as a result of the merger of the companies.[more]

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]

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