Add-on Acquisition • Healthcare Services

Bannatyne Fitness Acquires LivingWell Premier Health and Fitness Clubs

On August 9, 2006, Bannatyne Fitness acquired healthcare services company LivingWell Premier Health and Fitness Clubs from Hilton for 90M GBP

Acquisition Context
  • This is Bannatyne Fitness’ 1st transaction in the Healthcare Services sector.
  • This is Bannatyne Fitness’ 0th largest (disclosed) transaction.
  • This is Bannatyne Fitness’ 1st transaction in the United Kingdom.

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M&A Deal Summary

Date August 9, 2006
Target LivingWell Premier Health and Fitness Clubs
Sector Healthcare Services
Buyer(s) Bannatyne Fitness
Sellers(s) Hilton
Deal Type Add-on Acquisition
Deal Value 90M GBP

Target Company

LivingWell Premier Health and Fitness Clubs

United Kingdom
LivingWell Premier health and fitness clubs in UK.
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Buyer Overview 1

Buyer

Bannatyne Fitness

Darlington, United Kingdom

Category Company
Founded 1996
Sector Restaurants
DESCRIPTION

Bannatyne Fitness Limited owns and operates hotels, spas, and health clubs in the United Kingdom.


Deal Context for Buyer #
Overall 1 of 1
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2006 1 of 1

Seller Profile 1

SELLER

Hilton

McLean, Virginia, United States

Category Company
Founded 1919
Sector Leisure
Employees181,000
Revenue 11.2B USD (2024)
DESCRIPTION
Hilton's corporate headquarters in McLean, Virginia.
Hilton's corporate headquarters in McLean, Virginia.

Hilton is a global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. Hilton was founded in 1919 and is based in McLean, Virginia.


Deal Context for Seller #
Overall 1 of 6
Sector: Healthcare Services 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 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-03 Scandic

Stockholm, Sweden

Scandic owns and operates a hotel chain in the Nordic region with approximately 230 hotels in eight countries, the majority in the Nordic region, with the rest in other European locations. Scandic was founded in 1963 and is based in Stockholm, Sweden.

Sell $1.1B