TCI Fund and CVC-backed TDR Capital to acquire a majority stake in David Lloyd Leisure.

Hollyport Capital, Coller Capital, TCI Fund and CVC-backed TDR Capital, a private equity firm, agreed to acquire the majority stake in David Lloyd Leisure, Europe’s largest operator of premium racquets, health and fitness clubs. Financial terms were not disclosed. “David Lloyd has been a highly successful investment for TDR to date, achieving significant growth and operational transformation over the first period of our ownership." Tom Mitchell, TDR Capital Managing Partner.