Crosslantic Capital sells digital fitness company 7NXT to Oakley Capital

Düsseldorf-based investment firm Crosslantic Capital has sold its majority stake in 7NXT, Germany's leading digital platform for online fitness and nutrition, to private equity firm Oakley Capital. The 7NXT founding team led by Markan Karajica will remain with the company and will continue to hold a significant minority stake in the company.

Since its foundation in 2015, 7NXT has been active in the German fitness market. The group is better known for its three main business areas: Gymondo, the leading online fitness platform that offers access to personalized training and nutrition programs through its subscription memberships; Shape Republic, the women's nutritional supplement brand; and Brand Solutions, the company's merchandising and licensing arm.

Markan Karajica, CEO of 7NXT: "With Crosslantic Capital we have experienced a very successful period of dynamic growth and have taken our brands and businesses to the next level of growth. The focus has always been on entrepreneurial cooperation and a shared vision to create unique brands that inspire our customers".

Source: Crossland Capital
Picture: Oakley Capital

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