Baker Tilly advises Egym on acquisition of British fitness provider Hussle
Baker Tilly provided business and tax advice to Egym GmbH Munich on the acquisition of Archway Fitness Ltd, London (trading as Hussle).
An international Baker Tilly team has supported Egym GmbH in the acquisition of the British fitness provider Hussle with a tax due diligence and financial due diligence. Headed by partners Stefan Greger (FDD), Frank Stahl (FDD) and Chris Denning (TDD – UK), a joint team from Munich and London with junior manager Velina Osthaymer (FDD) and consultant Leo Göbel (FDD) as well as Beverly Scott (partner TDD) ensured the business and tax optimization of the deal.
For Egym, the acquisition of Hussle is a strategic addition to the “Wellpass” corporate fitness network, which gives employees access to a network of partner facilities such as fitness studios. These partners offer cost-effective and high-quality products and services to promote health and fitness. Through Wellpass, employees now benefit from around 14,500 sports facilities in Germany, Austria, the UK, France and Belgium, as well as online courses. By concluding a framework agreement with Egym Wellpass or Hussle, employees can take advantage of these offers.
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