EGYM, a Munich, Germany-based connected fitness company, raised $225m in Series F funding.
The round was led by Affinity Partners with participation from Mayfair Equity Partners and Bayern Kapital.
The company intends to use the funds to expand operations and its business reach.
Led by CEO and co-founder Philipp Roesch-Schlanderer, EGYM is a global fitness technology leader providing fitness and health facilities with intelligent workout solutions. The company 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. Its comprehensive suite of connected gym equipment and digital products integrate with 3rd-party hard- and software.
FinSMEs
06/07/2023