M&A Deal Summary

CVC Capital Partners Acquires Virgin Active

On October 1, 2011, private equity firm CVC Capital Partners acquired consumer services company Virgin Active

Acquisition Highlights
  • This is CVC Capital Partners’ 4th transaction in the Consumer Services sector.
  • This is CVC Capital Partners’ 34th transaction in the United Kingdom.
Investment Fate
  • Virgin Active was sold to a consortium of financial buyers in 2015 for 1.0B USD.

M&A Deal Summary
Date 2011-10-01
Target Virgin Active
Sector Consumer Services
Buyer(s) CVC Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Virgin Active

London, United Kingdom
Virgin Active is an international health club operator, with clubs across four continents in eight countries (South Africa, UK, Italy, Australia, Namibia, Botswana, Thailand, and Singapore), serving over 1.2 million members worldwide. Virgin Active was founded in 1999 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.

DEAL STATS #
Overall 145 of 323
Sector (Consumer Services) 4 of 10
Type (Buyout (LBO, MBO, MBI)) 93 of 122
Country (United Kingdom) 34 of 60
Year (2011) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Delachaux Group

Colombes, France

Delachaux Group designs and manufactures high value-added products, systems and services critical to the safety, reliability and efficiency of its customers’ equipment and infrastructure. The Delachaux teams’ commitment and know-how reflect their passion for their customers’ businesses. The Delachaux Group provides solutions to half of the world’s railways, two thirds of the world’s seaports and half of the planes flying. It mainly serves the rail infrastructure, port, aeronautics, logistics and mining sectors. The Group has developed an undisputed know-how and renowned innovation capabilities. Delachaux Group was founded in 1902 and is based in Colombes, France.

Buy €1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-13 Cordenka

Obernburg, Germany

Cordenka is a manufacturer of industrial rayon yarn for the tyre industry. The high-strength yarn is used as a strengthening material in high-performance tyres, hosepipes, and composite materials. The range of products on offer include yarn, cord, and fabric. Cordenka was founded in 1937 and is based in Obernburg, Germany.

Sell -
Mergr

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