Wellhub, a leading global corporate wellbeing platform that connects employees with wellness plans across fitness, mindfulness, therapy, nutrition, and sleep, today announced it has entered into a definitive agreement to acquire Urban Sports Club, a European provider of corporate employee benefit programs and consumer wellness solutions.
With the acquisition, the combined entity will serve an expanded network of 34,500 corporate clients and 83,000 holistic wellbeing partners, including premium gyms, boutique studios, and digital wellness providers. This will allow more companies to easily offer accessible physical and digital wellness plans for their employees, with Urban Sports Club contributing a network spanning eight countries and Wellhub bringing coverage in 11 countries.
The transaction is subject to customary regulatory closing conditions.
Hengeler Mueller advises Wellhub comprehensively as lead counsel on the transaction and coordinates the transaction globally.
Hengeler Mueller-team for Wellhub
Corporate/M&A: Martin Ulbrich (Düsseldorf), Clemens Höhn (Berlin, both partner, both lead), Okan Isikay, Johannes Fütterer (both senior associate), Leonard Nielen, Oleg Goldschmidt, Grigory Bekritsky (all Düsseldorf), Tobias Ponßen, Felix Schwalm, Ansgar Alofs (all Berlin, all associate),
Antitrust: Thorsten Mäger, Philipp Otto Neideck (both partner), Stefanie Budde (counsel), Paulina Sophie Gehrckens (associate, all Düsseldorf),
Regulatory: Vera Jungkind (partner), Sandra Plötz, Jan Schülting (all Düsseldorf), Gerrit Tönningsen (Frankfurt, all senior associate), Johannes Jäkle (associate, Düsseldorf)
IP/IT: Matthias Rothkopf (partner), Kira Fritsche (senior associate, both Düsseldorf),
Employment: Christian Hoefs (partner), Sonnhild Draack (counsel), Musa Müjdeci (senior associate, all Frankfurt),
Tax: Sebastian Adam (partner), Sebastian Heinrichs (counsel), Jan Henry Adami (senior associate, all Frankfurt),
Finance: Henning Hilke (partner), Karsten Staupe (associate, both Frankfurt),
TMT: Tobias Schubert (partner), Kevin Dollerschell (associate, both Berlin).