Overview

Benelux-based Basic-Fit is the European market leader in the value-for-money fitness market with c500 clubs across five countries. Its operating model is based on a quality service, no frills approach, with family membership costing €19.99 per month. Clubs are well equipped, offer virtual group classes and 24 hour opening in some venues. 

Basic-Fit’s disciplined international growth strategy is underpinned by investment in the organisation and key consumer trends of spending polarisation and the increasing focus on health and wellness. Alongside this, significant investment has been made to professionalise the business including a review of the brand and the format of the clubs.

Highlights

• Transformational growth into the largest value-for-money fitness club operator in Europe, increasing the number of clubs by 75% from 199 to over 350 across the Benelux, France and Spain as per June 2016
• In June 2016, 2.5 years after our investment, Basic-Fit completed its €820m IPO on the Amsterdam Stock Exchange
• Successful execution of international roll out strategy, creating market leading positions in the Netherlands and Belgium and a strong platform for further growth in France and Spain
• Introduced Ronald van der Vis as Chairman via our Business Leaders Network