Wellhub and Urban Sports Club Join Forces for European Expansion

Deal News | Mar 25, 2025 | Verdane

Wellhub and Urban Sports Club Join Forces for European Expansion

Wellhub, a leading corporate wellbeing platform, has entered a definitive agreement to acquire Urban Sports Club, a European provider of corporate employee benefit programs. This acquisition aims to enhance the provision of wellness benefits for companies while expanding reach for wellness partners amidst a growing focus on employee health. As a result, the combined entity will serve an expanded network of 34,500 corporate clients and 83,000 holistic wellbeing partners across 18 countries. The move highlights Wellhub's strategic focus on Europe and its response to the rising demand for corporate wellness solutions driven by increased mental health awareness and healthcare costs. Urban Sports Club will operate as a separate entity, facilitating seamless integration and service continuity while working towards a shared mission to inspire healthy lifestyles.

Sectors

  • Corporate Wellness
  • Fitness and Wellness

Geography

  • Europe – Urban Sports Club's strong presence and operations are primarily in Europe, and the acquisition aims to expand Wellhub's services in this region.
  • Global – Wellhub operates in multiple regions, including the US, LATAM, and Europe, underscoring the global scope of the acquisition.

Industry

  • Corporate Wellness – The acquisition focuses on the corporate wellness sector, as Wellhub and Urban Sports Club aim to provide comprehensive wellness solutions for employees across Europe.
  • Fitness and Wellness – Urban Sports Club's offerings include fitness and wellness programs, which form a significant part of the combined entity's service portfolio.

Financials

  • Not disclosed – The financial terms of the acquisition between Wellhub and Urban Sports Club were not disclosed.

Participants

NameRoleTypeDescription
WellhubAcquirerCompanyA corporate wellness platform providing employees access to fitness, mindfulness, therapy, nutrition, and sleep programs.
Urban Sports ClubTarget CompanyCompanyA European provider of sports and wellness solutions aiming to inspire healthy and active lifestyles.
VerdanePE FirmCompanyThe private equity firm facilitating the acquisition deal between Wellhub and Urban Sports Club.
Cesar CarvalhoCEO of WellhubPeopleHe commented on the strategic benefits of the acquisition for Wellhub's European expansion.
Moritz KreppelCo-CEO of Urban Sports ClubPeopleHe will continue to play an active role in Urban Sports Club and join Wellhub's leadership team post-acquisition.
Benjamin RothCo-CEO of Urban Sports ClubPeopleHe emphasized the growth opportunities resulting from the acquisition for the wellness market.