.
MergerLinks Header Logo

New Deal


Announced

Completed

JP Morgan-backed Forus Deporte completed the acquisition of 10 sports centers from Holmes Place.

Financials

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

Sources

Edit

Tags

Edit

Private

Domestic

health clubs

Recreational Services

Friendly

sports club

Private Equity

Completed

Single Bidder

Spain

Acquisition

Majority

Synopsis

Edit

JP Morgan-backed Forus Deporte, an operator of a chain of sport centers in Spain, completed the acquisition of 10 sports centers from Holmes Place, an owner and operator of health clubs. Financial terms were not disclosed. Following this operation, Forus has a presence in eleven autonomous communities, managing 44 sports centers in Spain and three sports centers in Portugal. Holmes Place, for its part, reduces its network to five centers, after handing over seven private centers and three concessions to Forus. This move will allow Holmes Place to focus on the premium segment and Forus to manage its larger-format clubs and family concessions.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US