Clipperton acted as sole sell-side financial advisor to 8fit, its management and shareholders (a.o. Eight Roads and Creandum) on its sale to Withings, a global leader in connected health devices.
8fit has firmly established itself as one of the leaders in healthy lifestyle consumer subscription, offering a balanced programme of fitness, mindfulness and nutrition to more than 30 million users worldwide.
The acquisition of 8fit will allow Withings to strengthen its capabilities to provide value-added support to users, expand its global user footprint, develop cross-sell synergies and substantially enrich its digital platform with a vast library of valuable content.
February 2nd, 2022 - With a global reach of over 30 million users and market-leading app store ratings, 8fit is one of the leading platforms for “fitness for all of us”. In a targeted and competitive process, Clipperton assisted 8fit and its shareholders in finding a new strategic partner for the company to continue its successful development path.
