At what enterprise value was BASIC-FIT acquired in 2013?

You can find the full valuation details of BASIC-FIT on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of BASIC-FIT when it was acquired by 3I?

The exact EV/EBITDA multiple for BASIC-FIT is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was BASIC-FIT acquired by 3I?

BASIC-FIT was acquired by 3I in 2013.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the BASIC-FIT acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the BASIC-FIT deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.3i.com/media/news/2013/3i-invests-in-basic-fit-the-leading-discount-fitness-operator-in-europe/

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Home Database Retail & ConsumerBASIC-FIT

11/2013

BASIC-FIT

Acquired by

NETHERLANDS Hospitality & Leisure / Hospitality EV 300M - 700M EUR

BASIC-FIT acquired by 3I

NETHERLANDS Hospitality & Leisure / Hospitality EV 300M - 700M EUR

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 LOGIN in 2013, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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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.

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REFERENCES

Valuation range: EV 300M - 700M EUR

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: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: basic-fit

Acquirer: 3i