Wellhub Acquires Urban Sports Club to Expand European Footprint
Deal News | Mar 26, 2025 | EIN
Wellhub, formerly known as Gympass, has announced its acquisition of Urban Sports Club, a European provider of employee benefit programs. This strategic move aims to broaden Wellhub's market presence across 11 countries in Europe, the US, and Latin America, enhancing its platform's capabilities in the growing corporate wellness sector. The acquisition aligns with Wellhub's strategy to respond to the increasing demand for comprehensive corporate wellness solutions driven by rising mental health awareness and escalating healthcare costs. Following the acquisition, Urban Sports Club's co-founders and Co-CEOs, Moritz Kreppel and Benjamin Roth, will join Wellhub's Global Leadership Team. The integration is set to create an expansive network of 34,500 corporate clients and 83,000 wellness partners. In addition, Wellhub has expanded its partnership with the Headspace app, offering subscribers personalized mental health coaching under one of its premium service tiers.
Sectors
- Corporate Wellness
- Health and Fitness
- Employee Benefits
Geography
- Europe – The acquisition of Urban Sports Club gives Wellhub a prominent presence across 11 European countries, boosting its influence in the region.
- United States – Wellhub, as a company with operations in the US, expands its reach further into Europe through this acquisition.
- Latin America – Wellhub's growth strategy also encompasses Latin America, as part of its broader market coverage.
Industry
- Corporate Wellness – The article discusses the corporate wellness industry, focusing on the strategic moves by Wellhub to acquire Urban Sports Club and expand its offerings, emphasizing mental health solutions.
- Health and Fitness – Urban Sports Club and Wellhub's activities engage heavily in providing gym, studio, and digital fitness solutions to corporate clients, situating them within the health and fitness industry.
- Employee Benefits – Urban Sports Club specializes in employee benefit programs, indicating the intersection with the employee benefits industry.
Financials
- 134.99 – The monthly cost in the UK for gaining access to Wellhub's premium tier offering Headspace Coaching.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wellhub | Acquiring Company | Company | Wellhub, formerly Gympass, is a corporate wellbeing platform that has acquired Urban Sports Club to expand its reach in the corporate wellness market. |
| Urban Sports Club | Target Company | Company | Urban Sports Club is a European provider of employee benefit programs, acquired by Wellhub to enhance corporate wellness offerings. |
| Cesar Carvalho | CEO of Wellhub | Person | Cesar Carvalho, as the CEO, represents Wellhub and supports the strategic acquisition to enhance their European market strategy. |
| Moritz Kreppel | Co-CEO of Urban Sports Club | Person | Co-founder and Co-CEO of Urban Sports Club who will join Wellhub's Global Leadership Team post-acquisition. |
| Benjamin Roth | Co-CEO of Urban Sports Club | Person | Co-founder and Co-CEO of Urban Sports Club who will join Wellhub's Global Leadership Team post-acquisition. |
| Headspace | Mental Health Partner | Company | Headspace provides personalized mental health coaching through its app, partnered with Wellhub. |
| Liz Terry | Editor of HCM | Person | Editor commenting on the competitive landscape in the corporate wellness market shaped by Wellhub's acquisition. |