World Leisure Jobs - Aspria gets €50m warchest to drive acquisition programme...
30 Jul 2021 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

19 Jul 2021

Aspria gets €50m warchest to drive acquisition programme
BY Kate Cracknell

Brian Morris and his board have done a €50 deal with Fortress Investment Group

Brian Morris and his board have done a €50 deal with Fortress Investment Group
photo: Aspria

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.




Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
ukactive: government’s Disability Strategy "falls short"
ukactive: government’s Disability Strategy   30 Jul 2021

Industry body ukactive has joined the chorus of organisations across a number of sectors calling the government's new National Disability Strategy a .... more>>
BestFit continues on the acquisition trail – buys EuroFit
BestFit continues on the acquisition trail – buys EuroFit   30 Jul 2021

German fitness operator BestFit Group has acquired regional gym chain EuroFit for an undisclosed sum. The deal will see BestFit add all five .... more>>
Preidlhof celebrates the healing power of silence with five new journeys
Preidlhof celebrates the healing power of silence with five new journeys   30 Jul 2021

Italian destination spa Preidlhof in South Tyrol has been certified as a “Quiet Stay” by Quiet Parks International, a non-profit organisation .... more>>
Jorvik's global art project will connect 14 cities
Jorvik's global art project will connect 14 cities   29 Jul 2021

The Jorvik Group has launched a major global art project which will connect 14 cities around the world. Working in partnership with the York Guild .... more>>
Company profile


Parkwood Leisure

Parkwood Leisure is a family-owned leisure management company working with local authority partners across England and Wales.

View full profile>>

Catalogue gallery


Featured Supplier

HydraFacial: more than just a device

HydraFacial: more than just a device

HydraFacial works in harmony with topical skincare lines and treatment services already carried in the spa, naturally increasing post-treatment retail sales for your chosen brand partners. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



World Leisure jobs




Duty Manager
Salary: Competitive
Location: Buckingham
Company: Everyone Active
Fitness & Duty Manager
Salary: Competitive
Location: Buckingham
Company: Everyone Active
General Manager truGym
Location: Stockton-on-Tees, UK
Company: truGym
Lead Swimming Teacher
Salary: Up to £27,125.00 per annum
Location: London Borough of Richmond, UK
Company: Springboard Swimmers
Diary dates
Powered by leisurediary.com

02-03 Aug 2021

Spa Life International (UK)

The Woodlands Conference Centre, Wyboston, United Kingdom


09-13 Sep 2021

Cosmoprof Worldwide Bologna

Fair District, Bologna, Italy



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Interview: Katy Bowman
In her latest book, the biomechanist and author explains why we need to widen our spectrum of movement and connect with our inner hunter-gatherer More>>
  Interview: Louis D’Amore
Louis D’Amore on the work of the International Institute for Peace through Tourism More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Thermal Spa: Taking the waters
Magali Robathan met the key people behind the Gainsborough Bath Spa More>>
  Interview: Tony Butler
Derby Museums Trust executive director delivers social justice in museums More>>


Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd