Exacta Capital, Aura Group, and Inspire Brands to acquire the Asian unit of Anytime Fitness.

Asset management firms Exacta Capital and Aura Group, along with Inspire Brands, a recreational facilities holding company, agreed to acquire the Asian unit of Anytime Fitness, a provider of fitness services. Financial terms were not disclosed. "Completing the deal in this black swan backdrop involved assessing the brand's capacity to withstand enforced closures, and a long-term outlook on the industry. Anytime Fitness Asia is proven and capitalizes on its smaller footprint in accessible community locations and lower cost of entry and maintenance, which ensures that gyms will reopen safely and grow post-Covid-19," Charles Wong, Aura Group Executive Director.