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  5. EGYM Acquires Gymlib

M&A Deal Summary

EGYM Acquires Gymlib

On April 27, 2022, EGYM acquired internet software and services company Gymlib

Acquisition Highlights
  • This is EGYM’s 1st transaction in the Internet Software and Services sector.
  • This is EGYM’s 1st transaction in France.

M&A Deal Summary
Date 2022-04-27
Target Gymlib
Sector Internet Software and Services
Buyer(s) EGYM
Deal Type Add-on Acquisition

Target

Gymlib

Paris, France
Gymlib offers a sports and well-being subscription for employees giving access to + 4000 partner infrastructures throughout France and Belgium. It allows clients to alternate between tennis, boxing, indoor football, yoga, fitness, climbing, golf, etc. With this offer, Gymlib supports companies concerned with improving the well-being and quality of life at work of their teams and allows them to work on the employer brand, commitment, and health prevention. Gymlib was formed in 2013 and is based in Long Beach, California.

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Buyer(S) 1

Buyer

EGYM

Munich, Germany
Category Company
Founded 2010
Sector Consumer Services
DESCRIPTION

EGYM is a global fitness technology company providing fitness and health facilities with intelligent workout solutions. The company makes exercising smarter and more efficient with its comprehensive suite of connected gym equipment and digital products that integrate seamlessly with 3rd-party hard- and software. It enables gym owners and operators to leverage a fitness technology ecosystem that delivers a fully connected workout experience for exercisers and drives measurable business and health outcomes on and off the fitness floor. EGYM was formed in 2010 and is based in Munich, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2022 M&A 1 of 1
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