Playlist, the Vista Equity Partners-backed owner of Mindbody, ClassPass and Booker, agreed on 15 January to merge with EGYM, the German maker of connected gym equipment and operator of the Wellpass corporate wellness marketplace.
Why Playlist (backed by Vista Equity Partners and Affinity Partners) is buying EGYM
The companies said combining Playlist's booking and studio-management software with EGYM's equipment, training software and corporate wellness network would create a broader operating system for gyms, studios and employers, with network effects across both customer bases.
“This merger represents a pivotal moment for both our companies”
Deal terms and financing
The deal valued the combined enterprise at $7.5bn and was accompanied by $785m of new equity led by Affinity Partners, with participation from Vista Equity Partners, Temasek and L Catterton. A standalone price for EGYM was not disclosed.
Regulatory approvals and timing
Closing was subject to customary regulatory approvals. The companies announced completion on 31 March 2026.
Market context
EGYM, co-founded by chief executive Philipp Roesch-Schlanderer, sells smart strength equipment and AI-driven training programmes. At announcement the two groups reported combined net revenue of more than $800m.
