• Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. KRodContent (talk) 17:14, 28 June 2026 (UTC)

EGYM SE is a German manufacturer of digitally connected fitness equipment under the brand name EGYM Technology, and a provider of corporate wellness programs operating under the brand name EGYM Wellpass. The corporate fitness network included approximately 20,000 participating companies as of 2026.[1] As of 2026, its broader network of partner fitness and health facilities exceeds 33,000 locations across Europe and the United States.[1] In September 2024, the company reached a valuation of over $1 billion.[2] In March 2026, EGYM finalized a $7.5 billion merger with the US-based company Playlist, the parent company of Mindbody and ClassPass.[1][3]

Overview

edit

EGYM was founded in 2010 by Florian Sauter and Philipp Roesch-Schlanderer.[4][5] The company has expanded through a series of acquisitions, which include the fitness app Netpulse and the gym network Qualitrain in 2018,[6][7] the French corporate fitness competitor Gymlib in 2022,[8][9] the British fitness marketplace Hussle,[10][11] and the US-based fitness platform FitReserve, both acquired in 2024.[12][13]

To drive international growth and support its expansion in the US market, EGYM brought on Chris Clawson and Rob Barker, the former CEOs of American fitness equipment manufacturers Life Fitness and Precor, respectively.[14][15]

In January 2026, EGYM announced its merger with US-based Playlist (the parent company of Mindbody and ClassPass).[3] The $7.5 billion transaction was backed by a $785 million funding round led by Affinity Partners, with additional participation from Vista Equity Partners, Temasek, and L Catterton. The merger officially closed on March 31, 2026.[1]

Following its acquisition of FitReserve in 2024, EGYM Wellpass served 16,000 corporate clients,[16] a figure that expanded to over 20,000 employer partners by 2026.[1] The company establishes framework agreements with employers, allowing employees to access a wide variety of fitness studios and sports facilities via a subsidized co-pay. This business model is similar to those of competitors like Urban Sports Club and Gympass (now Wellhub).[17][18] In 2023, Affinity Partners—a Miami-based private equity firm founded by Jared Kushner—invested over $200 million into EGYM,[5][19] later leading the financing round for the Playlist merger in 2026.[1]

Equipment and technology

edit

EGYM Smart Strength machines are electronically controlled strength machines that replace traditional weight stacks with motor-driven resistance and software control.[20] The machines automatically adjust to a user's specific ergonomic settings and resistance profiles upon login. This cloud-based system allows members to work out at any participating gym worldwide while retaining their customized configurations.[5][21]

Both users and personal trainers can utilize companion applications to create tailored workout routines and track training progress.[20] The machines are capable of dynamically assessing a user's strength metrics and utilize artificial intelligence (AI) to generate optimized, personalized strength and endurance training plans.[20][5]

edit

References

edit
  1. 1 2 3 4 5 6 Lunden, Ingrid (March 31, 2026). "The company behind ClassPass and Mindbody just got a lot bigger with a $7.5B merger". TechCrunch.
  2. "Fitness tech EGYM secures $200 million of growth capital led by L Catterton and Meritech Capital to continue building a leading global platform at the intersection of fitness and healthtech". Tech.eu. September 25, 2024.
  3. 1 2 "Two Fitness Companies Are Merging With Jared Kushner's Backing". The Wall Street Journal. January 19, 2026.
  4. "Connected fitness machines". European Investment Bank. January 19, 2024.
  5. 1 2 3 4 Lunden, Ingrid (July 5, 2023). "EGYM, the Munich-based smart fitness startup, raises $225M from Jared Kushner's Affinity Partners". TechCrunch.
  6. "EGYM to acquire Netpulse". NGP Capital. April 12, 2018.
  7. "eGym buys Netpulse". Health Club Management. April 13, 2018.
  8. "This week in European tech". Tech.eu. April 29, 2022.
  9. "EGYM acquires Gymlib to expand corporate fitness portfolio". Health Club Management. April 27, 2022.
  10. "Hussle and EGYM team up to dominate the UK corporate wellness market". Health Club Management. March 13, 2024.
  11. "Hussle and EGYM team up to dominate the UK corporate wellness market". Fit Tech Global. March 13, 2024.
  12. "EGYM accelerates North American expansion of their corporate wellness solution Wellpass by acquiring leading US studio & gym network FitReserve". FitTech Council. July 25, 2024.
  13. "EGYM accelerates North American expansion of their corporate wellness solution Wellpass". Fitt Insider. July 24, 2024.
  14. "Chris Clawson and Rob Barker join EGYM's leadership team". Spa Business. January 9, 2024.
  15. "EGYM adds former Life Fitness, Precor CEOs". Athletech News. January 9, 2024.
  16. "Egym grows its global network with FitReserve acquisition". HCM Summit. August 2, 2024.
  17. "EGYM Wellpass brings all-access corporate fitness model to US". Athletech News. July 30, 2024.
  18. "Wellhub broadens reach in Europe with acquisition of Urban Sports Club". Health Club Management. March 5, 2025.
  19. "Jared Kushner's Affinity makes first European investment". Bloomberg. July 5, 2023.
  20. 1 2 3 Lunden, Ingrid (September 24, 2024). "EGYM, a connected fitness startup conceived after the founder hit a wall at the gym, is ramping up with $200M at a $1.2B valuation". TechCrunch.
  21. Höpner, Axel (January 19, 2024). "Egym erreicht mit hohem Wachstum Gewinnzone" [Egym reaches profitability with high growth]. Handelsblatt.