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New Deal


Announced

Silver Lake to invest in Equinox Fitness.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Recreational Services

Minority

Private Equity

Single Bidder

Private

Friendly

fitness centers

fitness clubs

Acquisition

United States

Pending

Synopsis

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Private equity firm Silver Lake is set to invest in Equinox Fitness, an operator of fitness clubs and spas. Financial terms were not disclosed. The funds will be used to build Equinox’s digital platform and add as many as 50 locations annually. “As we accelerate our expansion while delivering a first-of-its-kind online/offline experience for our growing global community, Silver Lake is providing valuable expertise as well as capital to fuel this next stage of growth,” Harvey Spevak, Equinox CEO.

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