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Evening Standard
Evening Standard
Beatrice Learmouth

ClassPass owner and EGYM to merge in deal backed by Jared Kushner’s firm

Jared Kushner ClassPass Playlist United States Donald Trump
The owner of fitness booking app ClassPass and gym tech brand EGYM are set to merge (Alamy/PA) -

The owner of fitness booking app ClassPass and gym tech brand EGYM are set to merge in a deal valuing the combined business at 7.5 billion US dollars (£5.6 billion) and backed by Donald Trump’s son-in-law.

Playlist, which also owns booking service Mindbody, and EGYM, which uses artificial intelligence (AI) to create workouts, said they had agreed a deal.

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