Carlsquare advised majority shareholder AUCTUS and the remaining shareholders (including management) on the sale of wellyou to Basic-Fit. The transaction is subject to customary regulatory approvals and is currently expected to complete in Q3 2026.
wellyou was founded in 2007 and is headquartered in Hamburg, Germany. The company operates a network of 41 owned fitness clubs and approximately 110,000 members across Northern Germany, combining high-quality equipment and modern studios with attractive memberships. With a highly digitalised and standardised operating model, wellyou has built a successful and scalable business model in its core market.
Basic-Fit, headquartered in Hoofddorp, the Netherlands, is Europe’s leading fitness operator, with a broad and growing network across multiple European markets. The publicly listed company operates more than 2,150 clubs with around six million members, including clever fit club members.
The acquisition strengthens Basic-Fit’s presence in Northern Germany and supports its continued expansion across the German market from 74 owned clubs to 115 owned clubs. Currently, Basic-Fit operates 52 Basic-Fit branded clubs alongside 22 clever fit owned clubs in Germany.
Carlsquare acted as the exclusive financial advisor to the majority shareholder AUCTUS and the management of wellyou.
The transaction also follows Carlsquare’s advisory mandate on the sale of Aspria to David Lloyd earlier this year, further reflecting the firm’s continued activity in the health and fitness sector.
