Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 11-02-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | The Pure Gym Group and The Gym Group Proposed Merger | Industry: | Travel & Leisure |
| Description: |
A Travers Smith team led by private equity partner Phil Sanderson and senior corporate associate Adam Orr has advised management on the proposed merger of the Pure Gym Group and The Gym Group.
Pure Gym launched in 2009 and operates 61 gyms across the UK. Funds affiliated with CCMP Capital Advisors acquired a majority stake in the business in May 2013.
The Gym Group was founded in 2007 and operates 42 gyms across Great Britain. Phoenix Equity Partners acquired a majority stake in the business in 2013.
The completion of the merger is subject to regulatory approval.
The Travers Smith team also included tax partner Kathleen Russ, tax associate Richard Wild and corporate associate Victoria Bramall.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Merger Party | Law Firm | Travers Smith |
| Merger Party Jurisdiction | United Kingdom | Merger Party Jurisdiction | United Kingdom |
| Classification: |
Mergers |
Lawyer | Philip Sanderson |
