Radar > 217760

Fitness Hut looking at private equity funds

Oxy Capital vai investir EUR 8m na Fitness Hut

Intel ID : 217760
Synopsis

Fitness Hut, a Portugal-based low-cost gym chain, will receive a EUR 8m investment for its expansion, from Oxy Capital Mezzanine Fund to finance its expansion in Portugal and internationalization.

The company's business plan includes the opening between 25 and 30 clubs until the end of 2016.
(content in portuguese)

A Fitness Hut, empresa portuguesa que explora uma cadeia de ginásios low cost, vai receber uma injecção de capital de EUR 8m por parte do Oxy Capital Mezzanine Fund para financiar a sua expansão em Portugal e início da internacionalização.

O plano de negócios do grupo prevê que até ao fim de 2016 estejam em funcionamento entre 25 e 30 clubes.

Bidder

Private Equity (Buyer)

Target


Intel ID 217760
Value EUR 8,00m
Native Currency Euro (EUR)
Financial Data - Fitness Hut
(31 Dec 2022)
Revenue: EUR 33,09m
EBITDA: EUR 2,54m
Net Debt: EUR 23,57m
People: 509
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
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

Private Equity (Buyer)

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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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.