Fitness Park Secures €280 Million Unitranche Financing
Deal News | Jun 13, 2025 | White & Case LLP
Global law firm White & Case LLP advised Carlyle Global Credit, the credit arm of Carlyle, on a €280 million unitranche financing provided to Fitness Park. This financing will be used by Fitness Park, a prominent fitness club operator in France, to refinance its existing debt and fuel expansion in France and international markets. The financing aims to enhance Fitness Park's customer proposition and support its growth via mergers and acquisitions. Despite this infusion of capital, Fitness Park will remain primarily owned by its founders with minority shares held by Future French Champions and Momentum Invest. White & Case's legal team, based in Paris, played a crucial role in this transaction.
Sectors
- Private Equity
- Fitness and Wellness
- Legal Services
Geography
- France – The country where Fitness Park, the target company, operates and where the transaction has primary implications.
Industry
- Private Equity – Involves financing from Carlyle Global Credit, a private equity credit arm, highlighting PE involvement in strategic financing.
- Fitness and Wellness – Relates to Fitness Park, a major fitness club operator in France, indicating the article's primary industry focus.
- Legal Services – White & Case LLP, a legal advisory firm, played a significant role, providing legal counsel for the financing transaction.
Financials
- €280 million – The total amount of the unitranche financing provided to Fitness Park.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| White & Case LLP | Legal Advisor | Company | A global law firm advising on the unitranche financing transaction. |
| Carlyle Global Credit | Lender | Company | The credit arm of Carlyle Group, providing unitranche financing to Fitness Park. |
| Fitness Park | Target Company | Company | A leading operator and franchisor of fitness clubs in France, recipient of the financing. |
| Future French Champions | Minority Shareholder | Company | Minority shareholder of Fitness Park. |
| Momentum Invest | Minority Shareholder | Company | Minority shareholder of Fitness Park. |