The corporate wellness platform acquired European rival Urban Sports Club.
Launch pad. Accelerating Wellhub’s global expansion, the combined network will serve 34.5K corporate clients and 83K holistic well-being partners, including premium gyms, studios, and digital solutions.
Growth mode. Valued at $2.4B and doubling revenue YoY, Wellhub gains a foothold in Europe’s DACH region, consolidating the market as it prepares for a potential IPO.
With employers racing to curb healthcare costs, Wellhub is strengthening its pitch as a one-stop wellness shop.
Arms race. The acquisition escalates competition with EGYM’s Wellpass. Both are on a buying spree — Wellhub (formerly Gympass) bought Italy’s Fitprime, while EGYM grabbed Hussle and FitReserve.
Employing different strategies, Wellhub’s holistic pivot targets burnt-out workers as EGYM scales its AI-driven fitness ecosystem.
Punchline: Fitness-led corporate wellness is shaping up into a clash of global superpowers.