News
February 2011
Paulhan & Associés advises Club Med Gym's managers in the frame of acquisition of Silhouette network in Switzerland.
21 Centrale Partners, the majority shareholders of Club Med Gym which it took over in 2008, has just acquired Silhouette, a Swiss network of 22 fitness centers. This acquisition has been realized together with the Swiss investment fund, Swiss Equity Capital Partners.
The new group totals 107.000 members and an estimated turnover for 2011 of 80 million Euros. It will be managed by the current management team of Club Med Gym.
Paulhan & Associés was in charge to assist the management of this new group in the negotiation of its management package with the investment funds.