7NXT (Oakley Capital portfolio) Acquires 7Mind to Build Combined Fitness & Wellbeing Platform

December 22, 2023

Oakley Capital portfolio company 7NXT, which owns Gymondo, has acquired German mental wellbeing app 7Mind to create a combined digital platform for physical and mental fitness with more than 650,000 paying subscribers. The deal expands product capabilities (adding mindfulness and meditation content), diversifies the customer base into more B2B relationships (including health insurers and corporates), and creates scale for further international growth and M&A.

Buyers
7NXT, Oakley Capital
Targets
7Mind
Platforms
7NXT, Gymondo
Location
Berlin, Germany
Transaction Type
Addon

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