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  6. FitLab Acquires Fitplan

M&A Deal Summary

FitLab Acquires Fitplan

On January 14, 2022, FitLab acquired internet software and services company Fitplan

Acquisition Highlights
  • This is FitLab’s 1st transaction in the Internet Software and Services sector.
  • This is FitLab’s 1st transaction in Canada.
  • This is FitLab’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2022-01-14
Target Fitplan
Sector Internet Software and Services
Buyer(s) FitLab
Deal Type Add-on Acquisition

Target

Fitplan

Vancouver, British Columbia, Canada
Fitplan is a fitness app that provides training plans, standalone workout routines, recipes and nutrition guidance, and expert advice from the world's leading fitness creators and athletes. From beginners to advanced fitness enthusiasts and aspiring athletes, the app allows users to track progress, connect with an online community, and train alongside 50+ world-class athletes, coaches, and trainers.

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Buyer(S) 1

Buyer

FitLab

Newport Beach, California, United States
Category Company
Sector Consumer Services
DESCRIPTION

FitLab powers the modern fitness journey by seamlessly integrating fitness studios, connected at-home experiences and mass-participation events. FitLab's fully integrated platform solves the siloed nature of fitness and leverages the power of iconic athletes and truly connected experiences to keep you training – wherever, whenever and however you desire.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-14 Ragnar

Salt Lake City, Utah, United States

Ragnar operates unique relay races throughout the country. Teams of 12 gather to conquer the course- typically over 175 miles. Ragnar Events was founded in 2003 and is based in Salt Lake City, Utah.

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Mergr

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