Jun 2016

PAX CORPORATE FINANCE advises LFPI on the acquisition of CMG Sports Club

Customers and counterparties

LFPI becomes the majority shareholder of CMG Sports Club (former Club Med Gym).

CMG Sports Club is the leader of the fitness club market in France running a fully owned network of 23 clubs and 5 studios in the Paris area.

With more than 400 sport coaches, trained and graduated in-house by the “Institut des Métiers de la Forme”, CMG Sports Club operates a wide fitness network of owned and corporate clubs.

With the support of LFPI, the management of the company aims at reinforcing the existing network to provide a unique and unmatched fitness club experience.

LFPI Group is one of the premier independent multi-strategy alternative asset managers in Europe with three billion Euros of assets under management. The group invests in private equity (primary, secondary, co-investments, and funds of funds), private debt (unitranche, mezzanine, senior), real estate (equity and debt) as well as general asset management (fixed income and listed equity) investing in Europe, North America and Africa with a long-term and prudent investment strategy.

PAX Corporate Finance has built in the last 5 years a strong understanding of the fitness market.  PAX advised the investors at LFPI in the understanding of the investment opportunity including analysis of CMG’s market positioning in a fast moving sector, analysis of facts and figures of the company, business plans and investment assumptions.

PAX Corporate Finance advises its 12th transaction in the fitness sector.

Associate members