Announced
Completed
Financials
Sources
Tags
Private
Domestic
health clubs
Recreational Services
Friendly
sports club
Private Equity
Completed
Single Bidder
Spain
Acquisition
Majority
Synopsis
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
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.