Providence-backed VivaGym to acquire AltaFit from MCH Private Euity.

Providence-backed VivaGym, an operator of a chain of gyms intended to serve individuals in Spain and Portugal, agreed to acquire AltaFit, an operator of a chain of fitness clubs intended to make health and physical activity accessible to all, from MCH Private Euity, a Madrid-based private equity firm focused in the mid-market. Financial terms were not disclosed.