Radar > 242348

Bio Ritmo planning IPO in 2017

Bio Ritmo pode realizar IPO em 2017

Intel ID : 242348
Synopsis

Bio Ritmo gym chain, which holds the brand Smart Fit, is a strong candidate to launch an IPO in 2017, reported Estadão on 4 November, 2016.

According to the news, Bio Ritmo is being probed for IPO and the expectation has increased, after the company has surpassed BRL 1bi in revenues.

Bio Ritmo received a capital injection of the Government of Singapore Investment Corporation (GIC) and Brazil-based private equity firm Pátria Investimentos (see related intel).
(content in portuguese)

A rede de academias Bio Ritmo, que atua sob a marca Smart Fit, é forte candidata para abrir capital em 2017, de acordo com nota publicada no Estadão em 4 de Novembro de 2016.

Segundo a notícia, a rede já vem sendo sondada para a oferta e a expectativa ganha mais força agora, depois de a companhia ter ultrapassado a casa BRL 1bi em receitas.


A Bio Ritmo recebeu um aporte de capital da Government of Singapore Investment Corporation (GIC) e da private equity brasileira Pátria Investimentos em setembro de 2016 (ver transação relacionado).

Issuer


Intel ID 242348
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Issuer

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Sports and Leisure (Primary)
Primary Sector (TTRSC)
15.10.04 Beauty, Fitness & Wellness
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.