Context
The investment by 3i Group plc in Basic-Fit marks a significant milestone in the company's growth journey. The strategic rationale behind the deal is to support Basic-Fit's further domestic and international expansion, leveraging 3i's extensive experience in the retail discount market and its network of professionals. The partnership aims to accelerate Basic-Fit's growth, capitalizing on the increasing demand for affordable fitness options in Europe. With 3i's investment, Basic-Fit will be able to enhance its operations, expand its reach, and solidify its position as a leading discount fitness operator in Europe. The deal also marks the introduction of Ronald van der Vis as chairman of the Board, bringing extensive retail and international experience to the company. The future objectives of the partnership include driving growth, improving operational efficiency, and increasing value creation for all stakeholders involved.
Basic-Fit, which reported an EBITDA margin of [members only] in 2013, is valued in this transaction at an EV/EBITDA multiple of [members only].
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Target
Basic-Fit is a leading discount fitness operator in Europe, founded in 2003 and headquartered in Hoofddorp, The Netherlands. The company operates over 200 discount gyms across The Netherlands, Belgium, Spain, and France, catering to approximately half a million members. Basic-Fit offers high-quality fitness memberships at an affordable price point, starting from €15.95 per month, which includes access to state-of-the-art equipment, virtual group classes, and 24-hour opening at select locations. With a strong presence in The Netherlands and Belgium, where it is the market leader, Basic-Fit has demonstrated solid growth driven by consumer trends focusing on health and wellness. The company's business model is centered around providing affordable, convenient, and high-quality fitness services to its members, allowing it to capitalize on the growing demand for discount fitness options in Europe.
Ent. Value
€300–700M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Basic-Fit
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2026 | BASIC-FIT | SPEEDFIT KRAFTWERK | AUSTRIA | Leisure Facilities |
| 07/2026 | BASIC-FIT | WELLYOU | GERMANY | Leisure Facilities |
| 10/2025 | BASIC-FIT | CLEVER FIT | GERMANY | Leisure Facilities |
| 01/2024 | BASIC-FIT | RSG SPAIN | SPAIN | Leisure Facilities |
| 10/2019 | BASIC-FIT | GYMSTREET | FRANCE | Leisure Facilities |
| 05/2016 | PUBLIC MARKETS (IPO) | BASIC-FIT | NETHERLANDS | Hospitality |
Other operations with 3I
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2026 | 3I | LABORATOIRE NUTERGIA | FRANCE | Nutrition & Dietary Supplements |
| 04/2024 | 3I | CONSTELLATION | FRANCE | Infrastructure & Cloud |
| 06/2023 | 3I | PANELTO FOODS | IRELAND | Bakery / Pastry |
| 09/2021 | 3I | EUROPEAN BAKERY GROUP | NETHERLANDS | Bakery / Pastry |
| 11/2020 | 3I | MPM | UNITED KINGDOM | Pet Care |
| 07/2019 | 3I | EVERNEX | FRANCE | MSP (Managed Services) |
| 07/2019 | 3I | IONISOS | FRANCE | CDMO |
| 11/2016 | 3I / CATHAY CAPITAL | HAVEA | FRANCE | Hygiene & Beauty Brands |
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|---|---|---|---|---|
| 05/2014 | BAIN CAPITAL | RETAIL ZOO | AUSTRALIA | Restaurants / Chains |
| 01/2014 | CARAVELLE | BELAMBRA CLUBS | FRANCE | Hotels & Accommodation |
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| 04/2013 | ALSEA | BURGER KING IN MEXICO | MEXICO | Restaurants / Chains |
| 03/2012 | OAKTREE CAPITAL MANAGEMENT | FITNESS FIRST | UNITED KINGDOM | Hospitality |
| 09/2011 | NAXICAP PARTNERS | SUSHI SHOP GROUP | FRANCE | Restaurants / Chains |
| 01/2011 | HIG CAPITAL | LOOPING GROUP | FRANCE | Leisure Facilities |
REFERENCES
Valuation range: EV €300–700M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Basic-Fit by 3I are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: basic-fit
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