- Clipperton acted as sole financial advisor to myClubs on its sale to Urban Sports Club.
About myClubs
- Founded in 2015 and headquartered in Vienna, myClubs is the leading sports aggregator in Austria and Switzerland.
- myClubs offers highly popular B2C memberships and innovative corporate fitness products for employees of over 300 companies, including EY, Samsung, and Pfizer.
- Additionally, the company has pioneered digital fitness products for health insurance providers such as SWICA, Helsana, and CSS. A new partnership with REWE’s jö Bonus Club aims to extend digital access to sports nationwide.
- myClubs revolutionized how Austrians and Swiss engage with fitness, offering flexible access to diverse workouts and boutique studios. Under the leadership of Founder & CEO Tobias Homberger, the company grew to include over 1,200 fitness providers, serving a loyal customer base that has already completed over 2 million workouts.
Deal Rationale
- Combining the strengths of Urban Sports Club and myClubs will significantly enhance the value proposition for B2B clients, especially within the DACH region (Germany, Austria, and Switzerland). This merger allows for cross-selling opportunities and a more comprehensive offering, bolstering Urban Sports Club’s presence in these markets.
- myClubs has developed an exceptional partner network that delivers unmatched value to its members in Austria and Switzerland. This network will enrich the pan-European experience for Urban Sports Club members and integrate seamlessly with Urban Sports Club’s existing infrastructure.
- Additionally, myClubs’ achievements in the B2B2C segment carry great potential that, when expanded across other Urban Sports Club markets, will yield substantial growth.
- “This acquisition underlines the value that the myClubs team creates for our customers and partners through innovation and purpose,” said Tobias Homberger. “We are excited to join forces with Urban Sports Club to create a seamless corporate fitness offer for the entire DACH region and to continue delivering exceptional fitness experiences to our members.” The acquisition aligns with both companies’ vision for the future of fitness in Europe.
Clipperton’s expertise in the digital health and consumer subscription space
- Tobias Homberger, CEO and founder of myClubs said: “The Clipperton team around Thomas de Montille and Karim Mekouar was a driving force in the process. Their expertise and strategic insights were very valuable in getting us across the finish line.”
- This transaction is a testament to Clipperton’s growing track record in the digital health and consumer subscription sectors. Clipperton has advised on several notable transactions in these segments recently, including the sale of Gymlib to EGYM, Tilak Healthcare’s growth investment by Elaia and Cap Horn, Inova Software’s $70m investment by Carlyle and Withings’ $60m round led by Gilde Healthcare, Eurazeo, and Bpifrance. These transactions underscore Clipperton’s deep expertise and capability in advising high-growth companies in the digital health and subscription markets.
Deal Team
- Thomas de Montille, Managing Partner
- Karim Mekouar, Director
- Naomi Darko, Associate
- Nabil Benkirane, Analyst
About Clipperton
Clipperton is a leading investment bank dedicated to technology and growth companies. We provide strategic and financial advisory to entrepreneurs, corporates, and top-tier investors in Europe who are willing to execute transactions such as strategic M&A private equity transactions, and private placements. Founded in 2003 and with offices in Paris, Berlin, Munich, London, New York, and Beijing, Clipperton has completed over 400 M&A and private placement transactions with fast-growing technology start-ups, blue-chip corporates, and renowned financial investors.