2020 annual review
Sale secures fitter future for online PT pioneer My PT Hub is a leading personal training and fitness software-as-a-service solution for trainers and fitness clubs, enabling 83,000 fitness professionals (with 1.3 million clients) to grow their businesses via web and mobile applications. The platform has grown exponentially, and the shareholders wanted to explore a sale of the business to support growth and capture the market opportunity.
The team secured a partner for us who shares and understands our fitness vision, in a deal made possible by the team’s valuable advice and support. Phil Carr CEO, My PT Hub
Outcome
FRP’s Corporate Finance team was appointed to advise the company on managing a tight sale process to completion, and invited a shortlist of the strongest potential buyers to take part in a competitive process. Colorado-based EverCommerce acquired My PT Hub in a deal that will provide the company with the tools and support required to continue the current growth trajectory.
Selling a business
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