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New Deal


Announced

Completed

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

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Philippines

fitness clubs

fitness and wellness

Recreational Services

Single Bidder

fitness centers

Acquisition

Majority

Private

Completed

Friendly

Private Equity

Synopsis

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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.

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