Munich-based EGYM, a portfolio company of HPE Growth, has acquired the Paris-headquartered Gymlib for a high double-digit million purchase price.
Over the last five years HPE Growth has supported EGYM in becoming Germany’s leading provider of corporate fitness solutions with its qualitrain brand. EGYM relies on a fast-growing customer base of circa 3,600 corporate customers, whose employees have access to over 5,500 top-quality fitness facilities across Germany. The acquisition will combine these customers with Gymlib’s 600 corporate customers and 4,300 fitness facilities across France and Belgium.
