Providence Equity Partners completed the acquisition of VivaGym from Bridges Fund Management.

Providence Equity Partners, a private equity firm specializing in growth-oriented investments across media, communications, education, and technology, completed the acquisition of VivaGym, an operator of affordable fitness clubs in Spain and Portugal from Bridges Fund Management, a sustainable and impact-focused investment firm. Financial terms were not disclosed. “The partnership with Providence will provide VivaGym with additional resources to expand our network of gyms, invest in innovation, and continuously improve our members’ experience,” Juan del Río Nieto, VivaGym CEO.