The Egym corporate fitness network Wellpass is already available in Germany, Austria, France and Belgium. The latest addition is the Acquisition of Hussle Great Britain. With the acquisition of Fitreserve, the Munich its Wellpass offering to the US. The studio and fitness network claims to have nearly 2,000 partners. With the acquisition, Fitreserve is now available exclusively to Wellpass's corporate clients.
Philipp Roesch-Schlanderer, CEO of Egym, explains:
"Entering the world's largest and most important corporate fitness and wellness market brings tremendous growth potential for egym Wellpass. We are impressed by Fitreserve's already strong performance in the US. The brand enjoys strong acceptance among the most popular providers in the American fitness industry. We have always considered the $20 billion US corporate wellness market a strategic expansion opportunity for egym Wellpass. We are excited to now make this vision a reality with the acquisition of Fitreserve and its world-class studio and fitness partner network."
Egym Wellpass with access to 20,000 fitness and wellness facilities
With the integration of Fitreserve According to its own information, egym now serves over 16,000 corporate customers. The Munich-based company offers them access to approximately 20,000 fitness and wellness facilities in Europe and the USA. Wellpass aims to cover a wide range of activities and services. From traditional fitness and yoga training to mental health, sleep optimization, and nutritional advice, many offerings are available offline and online.
Megan Smyth, founder of Fitreserve and now Director of Partner Sales in North America at Egym, says:
"We're thrilled to become part of the Egym family and continue Wellpass's success in Europe in the US. Our mission has always been to attract new customers and generate additional revenue for our studio and fitness partners. As part of the Egym corporate network, we're now implementing this mission on a larger scale while helping employees lead healthier, more active lives."
Fitreserve was originally developed as a direct-to-consumer offering and operates in over 60 US metropolitan areas. Egym aims to expand this potential by integrating it into the Wellpass network and offering companies across the US a comprehensive employee wellness solution.
Nicolas Stadtelmeyer, Managing Director of Egym Wellpass, emphasizes:
"We warmly welcome Megan and the entire Fitreserve team and look forward to making Wellpass available to employers in the US and offering their employees Fitreserve's extensive network of partner studios as the perfect escape from their busy workdays."
