Basic-Fit Swings Back to Profit, Revenue Tops €800M
Europe’s largest fitness operator posted a €23.6 million profit in the first six months of the year, a sharp turnaround from a loss over the same period in 2025
· Athletech News· August 3, 2026
Company
Clever Fit
Clever Fit is a company in Burnaze's franchise knowledge graph, mentioned since 2019. 5 stories link here, each summarized from the original publisher.
Basic-Fit Acquiring Clever Fit in $186M+ Deal To Expand in Europe
Basic-Fit, a leading high-value, low-price (HVLP) fitness operator in Europe, is set to acquire Clever Fit in a €160 million ($186 million) all-cash deal, plus a potential €15 million earn-out.
· Athletech News· October 27, 2025
First AI-Powered Gym Launching in Early 2025
Santa Monica will soon be home to Fred Fitness, the first gym centered on AI-driven personalized workouts and powered by EGYM.
· Athletech News· October 18, 2024
Sport Alliance Acquires Top European Software Platform PerfectGym
Sport Alliance is strengthening its grip on the fitness software industry across Europe and Australia.
· Athletech News· May 15, 2024
Trust is everything in franchising ̶ especially in Germany
Considering expansion into Germany, established franchisor and vice chair of the German Franchise Association, Matthias H.
· Global Franchise· September 13, 2019