Aspria gets €50m warchest to drive acquisition programme
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Empowered Brands: énergie Fitness
Crawley, West Sussex
University of Bath
£19,209 - £20,092 + 10% shift allowance + benefits
Lake District National Park
c£20,500pa + pension + great benefits
Brockhole on Windermere, Lake District
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford
Energie Fitness
Up to £9.50 p/h

Aspria gets €50m warchest to drive acquisition programme

Aspria has done a deal with Fortress Investment Group
The company will have access to a €50m warchest to drive acquisition programme
Fortress is a subsidiary of Japanese giant SoftBank – owner of brands such as Uber and WeWork
The deal with Aspria marks the first serious foray into wellbeing by Fortress
Job opportunities
RockReef Ltd
Competitive DOE
location: Bournemouth, United Kingdom
Leisure Focus
£22,000 - £27,000pa + pension + benefits
location: Windsor or Maidenhead, Berkshire, United Kingdom
Coach Gyms
Self Employed
location: Leeds, Yorkshire, United Kingdom
more jobs

Aspria Holdings, owner of eight premium wellbeing clubs in Germany, Belgium and Italy, has entered into a financial partnership with Fortress Investment Group.

The deal makes over €50m of investment available to Aspria, accelerating its emergence from COVID-19 lockdowns and placing the company on the acquisition trail.

Fortress, itself a subsidiary of Japanese giant SoftBank – the owner of brands such as Uber and WeWork – currently has US$53.1bn of assets under management on behalf of 1,800 institutional clients and private investors. The deal with Aspria marks its first serious foray into wellbeing.

“As our sector emerges from what has been an incredibly challenging pandemic, we asked ourselves the question: in what direction does Aspria now head?” says Aspria CEO and founder Brian Morris.

“We see this partnership as the foundation of an exciting future direction, not to mention a hugely positive sign for our sector as a whole. It's proof that wellbeing is now on the radar of the biggest financial institutions in the world, not simply as part of a broader group of consumer investments, but as a valuable and worthy market in its own right.

“Wellbeing is no longer peripheral. It's here to stay and plays a crucial role in all our lives, and major investors are now recognising this.”

Rahul Ahuja, MD of Fortress Investment Group, added: “We're very excited about our investment in Aspria, which we believe is the pre-eminent European health club operator, in an industry that has exceptional potential for growth."

Morris added: “Aspria is fortunate to have incredibly loyal members who continued to pay membership throughout lockdown to remain part of our clubs. It is this strong relationship that helped us navigate the crisis and we value that well-earned loyalty.

“This financial partnership is putting us in a position to accelerate out of the crisis, invest in change, deliver on our promises and further grow the estate.

“My team has also been incredible throughout and this partnership ensures a great future for them. They can be prouder than ever of the sector in which they work and confident in the exciting platform Aspria has to move forward at pace.”

The Aspria Group remains wholly owned by CEO Brian Morris and key senior management.

Find out more about Aspria on their website here.

Sign up for FREE ezines & magazines
Aspria Holdings, the group of eight premium wellbeing clubs in Germany, Belgium and Italy, has entered into a financial partnership with Fortress Investment Group.

More News

1 - 15 of 43,662
25 May 2022
The Gym Group’s (TGG) plans and profit forecasts were presented to analysts and investors during the company’s recent Capital Markets Day. The event was led ... More
23 May 2022
A new physical activity programme called Big Sister has been launched in the UK to help girls embrace activity during puberty and reduce the rising ... More
21 May 2022
Go Fit has been selected by the United Nations Economic Commission for Europe (UNECE) as an example of best practice for public–private partnership collaboration (PPP). ... More
19 May 2022
Ness, a US startup that is developing a range of wellness-driven credit cards, has launched its first product, the Ness Rewards app, with longer-term plans ... More
19 May 2022
Following a history of supporting US military and service members, F45 has announced a new initiative called F45 After, which offers US military personnel exclusive ... More
19 May 2022
Scruffy Dog Creative Group and Simtec Systems have partnered to launch a new immersive trackless dark ride featuring the popular Mattel IP, Fisher-Price. The ride's ... More
18 May 2022
Hyatt is piloting private gyms in five of its US hotels as part of its Stay Fit Private Fitness programme. The exercise spaces are located ... More
17 May 2022
A young girl has died following an incident at the David Lloyd gym at Capability Green, Luton. According to the BBC, police were called to ... More
17 May 2022
New fitness franchise, Circuit Society, has signed its first London location in Bayswater. The 3,000sq ft (280sq m) micro-gym, run by franchisee Liz Benjamin, will ... More
16 May 2022
Active Nottingham, part of Nottingham City Council, has released a children’s book called Can We Splash? to encourage more parents to take children swimming. The ... More
13 May 2022
The new £42m Moorways Sports Village will open its doors to the public on Saturday 21 May. The community-focused development is the result of a ... More
11 May 2022
Fitness industry veteran Harm Tegelaars has returned to the fitness industry by joining the board of directors at Hussle. Tegelaars founded the Cannons Group in ... More
Fitness On Demand
Fitness On Demand
11 May 2022
Planet Fitness saw its Q1 2022 revenue increase by 66.9 per cent (to US$186.7m) on 2021 – the latest sign that the US fitness market ... More
10 May 2022
Sport England and UK Active have signed a five-year partnership agreement which will see the two organisations tackle inequalities within the sport and physical activity ... More
10 May 2022
Planet Fitness is offering high-school students free access to any of its 2,200 locations in the US and Canada from 16 May to 31 August. ... More
1 - 15 of 43,662