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Perfect Gym Solutions Acquired by PSG-Backed Sport Alliance
2024-06-03 source ownTS Capital Partners proudly announces the successful acquisition of Perfect Gym Solutions by Sport Alliance GmbH, supported by PSG Equity, a leading global private equity firm.
A New Chapter for Perfect Gym Solutions
This acquisition marks a significant milestone for Perfect Gym Solutions, an international leader in health club management, serving over 1,800 clubs across 50 countries. Perfect Gym’s innovative solutions and extensive market presence complement Sport Alliance’s expertise in studio management and financial services for the fitness industry. This transaction signifies a successful exit, delivering exceptional returns for Perfect Gym’s financial investors, including 3TS Capital Partners, Innovation Nest, Ipopema FIZ, Alfabeat, and Daftcode. GP Bullhound advised the company during this transaction.
Perfect Gym's Rapid Growth
Founded in 2014 by Polish entrepreneurs Jacek Szlendak and Sebastian Szałachowski, Perfect Gym quickly expanded its footprint in Europe, North America, and Australia. The company provides a cutting-edge platform for optimizing member relationships and facility management. The company's growth trajectory accelerated following financing rounds in 2017-2018 led by 3TS Capital Partners. These investments were pivotal in supporting Perfect Gym’s global expansion and shift towards enterprise clients, resulting in over fourfold revenue growth since the original investment, ultimately attracting interest from global players.
Strategic Partnership with Sport Alliance
“We welcome Perfect Gym into the Sport Alliance group. This is a significant milestone in supporting the fitness industry worldwide on its path towards further digitization. Sebastian and his team bring valuable international expertise and incredible motivation to the group; we are very much looking forward to the journey ahead,” said Daniel Hanelt, CEO of Sport Alliance.
“Perfect Gym has always been committed to shaping the fitness industry and providing leading solutions to enterprise customers and complex sports facilities. In Sport Alliance, we have found a partner for growth who shares our mission, and we are eager to continue to expand together,” said Sebastian Szałachowski, CEO of Perfect Gym.
Successful Exit for 3TS Capital Partners
“We are proud to have been part of Perfect Gym’s remarkable international growth story, which generated broad interest among global buyers and produced healthy returns for its shareholders,” said Zbigniew Lapinski, Senior Partner at 3TS Capital Partners. “The company’s success is a testament to its innovative solutions and the dedication of its team. We are delighted to see Perfect Gym join forces with Sport Alliance GmbH, funded by PSG, and glad to work with GP Bullhound on another solid exit process.”
This acquisition represents another successful exit for 3TS, highlighting their ability to identify and strategically scale high-potential technology companies into global challengers.