M&A Deal Summary

Ken Groupe Acquires CMG Sports Club

On May 7, 2019, Ken Groupe acquired consumer services company CMG Sports Club from LFPI Group

Acquisition Highlights
  • This is Ken Groupe’s 1st transaction in the Consumer Services sector.
  • This is Ken Groupe’s 1st transaction in France.

M&A Deal Summary
Date 2019-05-07
Target CMG Sports Club
Sector Consumer Services
Buyer(s) Ken Groupe
Sellers(s) LFPI Group
Deal Type Add-on Acquisition

Target

CMG Sports Club

Paris, France
CMG Sports Club operates 22 fitness clubs in Paris under the Club Med Gym and Waou brands. Club Med Gym also manages third-party fitness centers for corporate clients. With more than 400 sports coaches, trained and graduated in-house by the “Institut des Métiers de la Forme”, CMG Sports Club operates a wide fitness network of owned and corporate clubs.

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Buyer(S) 1

Buyer

Ken Groupe

Paris, France
Category Company
Sector Consumer Services
DESCRIPTION

Ken Groupe is an area of ??1700m2 devoted to fitness, relaxation, and well-being. Located on the edge of Seine, between the Trocadero and the radio house, this privileged place, unique in Paris, welcomes you every day of the year. Access to the Ken Club is facilitated by the presence of valet and parking. At the Ken club, time stops.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (France) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

LFPI Group

Investor Investor Investor Investor Investor

Category Asset Manager
PE ASSETS 3.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

LFPI Group is a French asset management firm focused on a variety of alternative investment strategies. The Firm invests in private equity, private debt, real estate, as well as fixed income and equity. LFPI's private equity practice looks to invest or co-invest in French businesses with €10 to €500 of annual revenue. Sectors of interest include food, health, construction, distribution, and business services. LFPI Group is headquartered in Paris.

DEAL STATS #
Overall 2 of 5
Sector (Consumer Services) 1 of 2
Type (Add-on Acquisition) 2 of 3
Country (France) 2 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Accolab Laboratories

Issy-les-Moulineaux, France

Accolab Laboratories is a group of eight clinical laboratories located in the area of Bordeaux, Lyon and in Spain. Accolab offers a comprehensive medical diagnostics offering, combining medical biology and anatomocytopathology. Accolab Laboratories was founded in 2010 and is based in Issy-les-Moulineaux, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-17 Snadec

Cagnes sur mer, France

Snadec provides a asbestos fireproofing removal and a significant player in the PACA region in the field of sanitation. Snadec was founded in 1980 and is based in Cagnes sur mer, France.

Buy -
Mergr

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