Carlsquare advises AFINUM on the investment in MeridianSpa
4 Feb 2015
Hamburg, 03 February 2015 – AF Eigenkapitalfonds für deutschen Mittelstand GmbH [&] Co. KG, advised by AFINUM Management GmbH, invests as strategic partner in MeridianSpa Deutschland GmbH (MeridianSpa). In addition to the provision of growth capital, the fund has acquired shares of two private investors with the intention to streamline the company’s shareholder structure. Both, founder and CEO retain their original shareholding in the business.
Headquartered in Hamburg and with about 34,000 members and 500 employees the MeridianSpa Group (www.meridianspa.de) operates Wellness clubs in the upper Premium segment in Germany. The clubs provide an extensive Wellness, Bodycare and Fitness offering.
In addition to five clubs in Hamburg the Group operates clubs in Kiel, Frankfurt and Berlin. The latest club opening took place in January 2015 in Hamburg (Barmbek). The Wellness and Bodycare offering evolves around sauna and pool landscapes, recreation and treatment rooms (Ayurveda, beauty, sports, etc.) along with cutting edge fitness equipment and a comprehensive course offering.
Carlsquare initiated the process and advised AFINUM throughout the process. For AFINUM Mr. Michael Huesken and Mr. Burkhard v. Wangenheim worked on this transaction.
About AFINUM Management GmbH
AFINUM is an independent investor under management ownership with offices in Munich, Zurich, Vienna and Hong Kong, focused on investments in successful mid-market companies based in German-speaking countries. Please visit www.afinum.de for further details.
About MeridianSpa Deutschland GmbH
The company MeridianSpa, founded in 1984, offers their currently 34,000 members premium services regarding fitness, wellness and bodycare. With sizes of 3,500 to 15,000 m² and their exceptional atmosphere, the eight sites are among the biggest and most beautiful fitness and wellness sites in Germany. Please visit www.meridianspa.de for further details.
About Carlsquare
Carlsquare and the international M[&]A network Globalscope offer integrated cross-border M[&]A consulting services for medium-sized transactions. Carlsquare – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. Carlsquare is managed by three partners and is based in Hamburg and Munich with 18 employees. Globalscope has 44 members in 37 countries with more than 400 professionals worldwide.
Deal Team / Contact:
Carlsquare GmbH
Valentinskamp 24
20354 Hamburg