This strategic acquisition marks a significant milestone in the European fitness market, positioning Urban Sports Club as the first full-service fitness provider across the DACH region. By combining myClubs' extensive network and market expertise with Urban Sports Club's innovative and scalable platform, comprehensive wellness and fitness services will be available across Germany, Austria and Switzerland, offering an unparalleled experience that competitors will be unable to match.
The acquisition will leverage the strengths of both companies, improve operational efficiency and deliver exceptional value and innovation to corporate customers. The acquisition strengthens Urban Sports Clubs' position as a leader in the corporate wellness sector. Furthermore, by joining forces, Urban Sports Clubs and myClubs will drive innovation in the European fitness market, ensure sustainable growth and expand their offer to customers and users.
Moritz Klöppel, co-founder and CEO of Urban Sports Club, commented: “We are very pleased to welcome myClubs to the Urban Sports Club family. This acquisition marks an important milestone for our company, allowing us to offer a full range of health and fitness services across the DACH region. Our third partnership with GP Bullhound once again confirms our confidence in the company's deep understanding of the unique needs and vision of Urban Sports Club. Their systematic approach and high-quality market intelligence have consistently given us clarity and confidence throughout the entire process.”
Simon Miremadi, Managing Director at GP Bullhound, commented: “We are proud to be advising Urban Sports Club for the third time, having topped off its €95 million Series E funding round led by Verdane et al in December with €40 million in debt capital from the EIB, maximising the terms of the debt raise through a highly competitive process, and finally, advising on the buy-side in its successful acquisition of myClubs. This transaction significantly expands the company's partner, technology and user base in the DACH region. We are strong believers in the market opportunity in corporate wellness and believe Urban Sports Club is well positioned to grow to new heights in the coming months and years.”
inquiry
For inquiries, please contact us at the address below.
Simon Miremadi, Managing Director, [email protected]
About Urban Sports Club:
Urban Sports Club, Europe's leading sport and wellness platform, is committed to inspiring people to live healthy and active lives through the largest and most diverse offering. From fitness, yoga, swimming and climbing to team sports and wellness services, members can create their own training plans from over 50 sports across Europe and check into their sports via their smartphone app. Together with its members and partners, Urban Sports Club is creating a diverse community that jointly realises its vision of being active in a world where the enjoyment of sport comes first, for everyone, anywhere, anytime. Urban Sports Club describes this as a world of inclusive and sustainable sport and health.
About myClubs:
myClubs is the leading sports aggregator in Austria and Switzerland, offering users flexible access to a high-quality sports network of 1,200+ boutique studios and over 10,000 workouts per week. With its highly popular B2C memberships and innovative corporate fitness products, myClubs has revolutionized the local fitness industry. In addition, myClubs is pioneering digital fitness products for health insurance, making fitness more accessible and enjoyable for everyone. myClubs is headquartered in Vienna and Zurich and employs 40 sports-loving employees. For more information, please visit www.myclubs.com.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm providing transactional advice and capital to the world's best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm now has 12 offices across Europe and the U.S. For more information, visit www.gpbullhound.com.
