AFINUM also acquires shares in MeridianSpa
After the engagement in Swiss fitness chain Let's Go Fitness in 2014, AFINUM also acquires a share in MeridianSpa in the context of a clean-up of the shareholder structure and a strengthening of the equity basis. Beside the addition of growth capital, shares of two private investors were acquired. Both, the founder Barthold Richters and Managing Director Leo Eckstein remain in the company with 20% each.
Headquartered in Hamburg, MeridianSpa operates clubs in the premium segment, which all have an extensive fitness, spa and body care offering. In addition to five locations in Hamburg, the company has clubs in Kiel, Frankfurt and Berlin. In January 2015, the fifth club was opened in Hamburg (Barmbek). MeridianSpa offers its currently approximately 34,000 members a premium offering for Fitness, Wellness and Body Care. With a size of 3,500 to 15,000 m² the clubs belong to the largest fitness and wellness facilities in Germany.
With the support of AFINUM the capital basis should be strengthened and the further development of the company accompanied. AFINUM is an independent private equity firm specialized on investments in successful medium-sized companies in German-speaking Europe. Only in September 2014, AFINUM had also acquired stakes in the Swiss fitness chain Let's Go Fitness and thus found its entry into the fitness market.