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PR-Team LifeFit Group
lifefit-group@adellink.de
Press release | LifeFit Group is pleased to announce that it has been successfully acquired by Light AcquiCo GmbH. Light AcquiCo GmbH is the new parent company of LifeFit Group and is indirectly held by funds advised by Waterland Private Equity Investments (“Waterland”). With its new owner Waterland, LifeFit Group will be able to continue and accelerate its buy-and-build growth strategy.
Press release | Light AcquiCo GmbH (“AcquiCo”) (an entity indirectly held by
investment funds advised by Waterland Private Equity Investments) successfully issues senior secured bonds of EUR 140 million, which shall part-finance AcquiCo’s acquisition of LifeFit Group TopCo GmbH (i.e. the sole direct shareholder of LifeFit Group MidCo GmbH (“LifeFit”)) and the redemption of LifeFit’s senior secured callable floating rate 2019/2025 bonds with ISIN NO0010856966.
Press release | LifeFit Group MidCo GmbH (the “Issuer”) announces further details regarding Light AcquiCo GmbH’s (“AcquiCo”) (an entity indirectly held by investment funds advised by Waterland Private Equity Investments ) acquisition of LifeFit Group TopCo GmbH (“LifeFit Group”), the Issuer’s sole direct shareholder (the “Acquisition”),
which shall be part-financed by a new senior secured corporate bond under Swedish law (Nordic Bond) with a target volume of EUR 120,000,000 (the ”New Bonds”) by AcquiCo, where the net proceeds shall also be used to redeem the Existing Bonds.
Press release | After the successful openings of Club Pilates studios in Frankfurt-Bornheim and Königstein im Taunus last year, four more studios will open in Hamburg and Kaiserslautern over the summer. This will expand the Club Pilates network, providing more people with access to the successful Reformer Pilates concept from the USA.
Press release | LifeFit Group, a leading fitness and health platform in Germany and operator of the Fitness First, Elbgym, smile X, Barry’s, The Gym Society Germany, Pure Barre and Club Pilates brands, has published its unaudited quarterly results for LifeFit Group as of 31 October
2021.
Press release | LifeFit Group, a leading fitness and health platform in Germany and operator of the Fitness First, Elbgym, smile X, Barry’s, The Gym Society Germany, Pure Barre and Club Pilates brands, has published its unaudited quarterly results for LifeFit Group as of 30. April 2021.
Press release | LifeFit Group, a leading fitness and health platform in Germany and operator of the Fitness First, Elbgym, smile X, Barry’s Bootcamp, The Gym Society Germany, Pure Barre and Club Pilates brands, has published its unaudited quarterly results for LifeFit Group as of 31 January 2021.
Press release | LifeFit Group, a leading fitness and health platform in
Germany and operator of the Fitness First, Elbgym, smile X, Barry’s Bootcamp, The Gym Society
Germany, Pure Barre and Club Pilates brands, has published its audited annual consolidated
financial statements for the financial period ended 31 December 2019.
Press release | LifeFit Group, a leading fitness and health platform in Germany and operator of the Fitness First, Elbgym, smile X, Barry’s Bootcamp, The Gym Society Germany, Pure Barre and Club Pilates brands, has published its unaudited quarterly results1 for LifeFit Group as of 31 July 2020.
Press release | LifeFit Group MidCo GmbH (the “Issuer”), a LifeFit Group entity, is currently completing filings for registration of change of its financial year-end to 31 October in order to align its financial year with the financial year of the operating companies of the LifeFit Group. Beyond the published audited consolidated financial statements as of 31 October 2019 LifeFit Group will also publish additional annual audited consolidated financial statements as of 31 December 2019 in order to comply with German legal requirements.
ABOUT THE LIFEFIT GROUP
LifeFit Group is a leading fitness and health platform in Germany, uniting several fitness brands under one roof. The Group is committed to inspiring and supporting its customers to improve their lives through personalized, varied and purposeful health and fitness experiences. Fitness First is LifeFit Group’s best-known and largest brand. With Fitness First BLACK, the gym chain offers upscale benefits and services, while Fitness First RED offers a special workout space concept for a wide range of customers with an appealing modular pricing. Elbgym complements the multi-brand offering as an exclusive performance fitness provider with its unique and strong community. The fitness concepts of Barry’s, the pioneer of indoor high-intensity interval training, The Gym Society, the innovative compact studio concept from the Netherlands, as well as the Club Pilates brand and YogaSix from Xponential Fitness complete the LifeFit Group portfolio.
© 2019 LifeFit Group