P+P advised OneFit on the merger with Urban Sports Club
In August 2019, Dutch-based fitness company OneFit has merged with its German peer Urban Sports Club.
OneFit and Urban Sports Club will jointly offer a sports and fitness platform with access to more than 10,000 work-out locations, over 50 different sports across six European countries; enabled through one flexible subscription and a fully integrated and digital environment.
Urban Sports GmbH was founded in 2012 by Moritz Kreppel and Benjamin Roth in Berlin. Urban Sports Club offers a flexible flat-rate sports membership. Club members can choose from 50+ activities - ranging from a classic gym workout, swimming, yoga, or bouldering, to team sports and lots more - and more than 7,000 partner venues in Germany, France, Italy, Spain and Portugal. Variety, flexible conditions, as well as team sports and wellness are offered both for private customers and companies.
Since its foundation, the company acquired four of its German competitors.
Amsterdam-based OneFit with currently 75 employees is the leading sports aggregator in The Netherlands, where it pioneered the fitness aggregation concept in 2012. In 2016 and 2018, the company expanded into Germany and Spain. Through its dedicated mobile app, OneFit provides its consumer and business members with flexibility, convenience, and value for money.
P+P Pöllath + Partners advised OneFit on all legal matters with the following Munich team:
- Dr. Frank Thiäner (partner, lead, M&A)
- Dr. Jesko von Mirbach (associate, M&A)
