M&A Deal Summary

LA Fitness International Acquires Crown Sports

On February 1, 2006, LA Fitness International acquired restaurant Crown Sports for 52M GBP

Acquisition Highlights
  • This is LA Fitness International’s 1st transaction in the Restaurants sector.
  • This is LA Fitness International’s largest (disclosed) transaction.
  • This is LA Fitness International’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2006-02-01
Target Crown Sports
Sector Restaurants
Buyer(s) LA Fitness International
Deal Type Add-on Acquisition
Deal Value 52M GBP
Advisor(s) McQueen Ltd. (Financial)

Target

Crown Sports

Derby, United Kingdom
Crown Sports plc owns and operates health and fitness facilities in United Kingdom.

Search 192,510 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

LA Fitness International

Irvine, California, United States

website

Category Company
Founded 1984
Sector Consumer Services
DESCRIPTION

LA Fitness is a operator of full-service fitness clubs and currently serves over 1,000,000 members in over 275 clubs from New York to California. Clubs range in size from 20,000 to 60,000 square feet and typically offer access to circuit training equipment, free weights, cardiovascular equipment, aerobics programs, swimming pools, whirlpools, saunas and steam rooms, as well as racquetball and basketball courts.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal