Oakley Capital Acquires Majority Stake in 7NXT (Gymondo Group)

October 1, 2020

Oakley Capital has acquired a majority stake in 7NXT GmbH, the owner of online fitness subscription platform Gymondo and DTC nutrition brand Shape Republic, from founder and CEO Markan Karajica and Crosslantic Capital. The founder will remain CEO with a significant minority stake; Oakley said it will partner with management to scale the business and accelerate domestic and international growth.

Targets
7NXT GmbH
Sellers
Markan Karajica, Crosslantic Capital
Industry
E-Commerce
Location
Berlin, Germany
Transaction Type
Buyout

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