Playlist – EGYM

EGYM SE (together with its subsidiaries, EGYM) and Mindbody, Inc. (together with its controlled subsidiaries, Playlist) intend to combine in a newly established company, Saturn NewCo, Inc. (Saturn), and transfer shares in Saturn to the existing shareholders of EGYM and Playlist.

Playlist is a US-based parent brand of the brands ClassPass, Mindbody and Booker. An aspect of ClassPass’s offering is a fitness and wellbeing aggregation service through which users can obtain access to various fitness, wellbeing and lifestyle experiences such as fitness classes, studios, spas, etc. ClassPass provides subscriptions directly to consumers. Mindbody offers a Software as a Service solution for the fitness, wellbeing and beauty industry, providing back-end infrastructure via a software platform to help fitness studios, wellbeing centres, spas and salons manage their business operations. Booker provides an online booking and business management system specifically for spa facilities, salons and other appointment based service businesses (such as beauty services or wellbeing centres).

EGYM is a German-based provider of smart gym equipment and software to fitness and health facilities, as well as corporate fitness and wellbeing aggregation services (primarily in relation to gyms and fitness clubs) to companies worldwide.