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New Deal


Announced

Completed

Leonard Green and Partners-backed PureGym completed the acquisition of Fitness World from FSN Capital for £350m.

Financials

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Transaction Value£350m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA9.21x
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Recreational Services

fitness

Denmark

Private

gym

Majority

Private Equity

Friendly

recreational services

Cross Border

Completed

Synopsis

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Leonard Green and Partners-backed PureGym, Britain’s biggest health and fitness club operator, completed the acquisition of Fitness World, a Danish fitness chain, from FSN Capital for £350m ($460m). This deal gives PureGym a significant scale in Continental Europe and rapidly accelerate its international expansion. "This transaction brings together two well matched, successful market-leading businesses and the combination creates a powerful platform from which to accelerate growth and deliver on our purpose of getting even more people, more active, more often,” Humphrey Cobbold, PureGym Chief Executive Officer.

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