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09/2026100%

Speedfit Kraftwerk acquired by Basic-Fit

AUSTRIA Hospitality & Leisure / Leisure Facilities REV 1m EUR - 100m EUR

Context

Basic-Fit finalizes the definitive asset and share acquisition of Speedfit GmbH and Kraftwerk, securing these regional operations for an enterprise value of [members only]. Announced in September 2026, this cross-border corporate transaction is entirely financed through the acquiring group's existing cash reserves, eliminating the immediate requirement for external debt issuance and ensuring the buyer maintains a projected net debt leverage ratio of just over 2.0 times for the 2026 fiscal year. The negotiated transfer of control officially allows the Dutch acquirer to absorb a massive combined consumer base across the targeted Central European markets via a blended acquisition structure involving a direct share deal alongside specific site takeovers. Strategically, this capital deployment directly accelerates the acquiring group's multi-vertical expansion framework by immediately generating critical mass within the highly fragmented German fitness sector, pushing its consolidated domestic footprint to 122 owned clubs. Simultaneously, the integration of the Austrian portfolio expands the acquirer's physical site count within that specific geography to 51 locations, establishing a definitive market leadership position. The formalized integration protocol requires the incoming corporate parent to fully rebrand all newly acquired locations under the Basic-Fit commercial banner over the subsequent operating quarters. Management projections anticipate that the operational profitability of these newly absorbed assets will rapidly converge with the broader group's historical average once the centralized administrative synergies are fully implemented.

The acquisition of Speedfit Kraftwerk is part of the growth strategy of Basic-Fit, which already has several external growth operations under its belt, notably Wellyou in 2026.

-> Deep-dive in Retail & Consumer market trends

Target

Through an established physical footprint comprising exactly 26 commercial fitness facilities, Speedfit and Kraftwerk operate as regional health club networks catering to active consumer demographics across Central Europe. Specifically, the Speedfit brand maintains a dedicated operational presence in Austria, where it functions as a prominent independent fitness operator by managing 18 proprietary clubs serving approximately 36,000 registered members. Operating as a subsidiary of the Ukrainian fitness network Sport Life Group prior to market consolidation, the Austrian entity provides standardized workout environments and exercise equipment to local communities. Concurrently, the German counterpart Kraftwerk complements this regional health and wellness infrastructure by operating eight specialized fitness facilities that support a localized membership base of around 10,000 individuals. Together, these two independent fitness portfolios coordinate accessible physical training spaces designed for high-volume consumer usage. The underlying business model relies on membership-driven revenue generation and standardized facility layouts that emphasize cost-efficiency within the highly competitive discount fitness segment.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2026
€1–100M
[members only]
[members only]
2025
€1–100M
[members only]
[members only]

Other operations with Basic-Fit

Other operations with Basic-Fit
DateAcquirerTargetCountrySector
07/2026BASIC-FITWELLYOUGERMANYLeisure Facilities
10/2025BASIC-FITCLEVER FITGERMANYLeisure Facilities
01/2024BASIC-FITRSG SPAINSPAINLeisure Facilities
10/2019BASIC-FITGYMSTREETFRANCELeisure Facilities
05/2016PUBLIC MARKETS (IPO)BASIC-FITNETHERLANDSHospitality
11/20133IBASIC-FITNETHERLANDSHospitality

Similar deals in Hospitality & Leisure

Similar deals in Hospitality & Leisure
DateAcquirerTargetCountrySector
10/2026VERLINVESTINTERNATIONAL BOULDERING ALLIANCEUNITED KINGDOMLeisure Facilities
10/2026WARBURG PINCUSAWAYDAYUNITED STATESHotels & Accommodation
09/2026CLEARLAKE CAPITALCHELSEA FOOTBALL CLUBUNITED KINGDOMLeisure Facilities
09/2026MUBADALALUCKIN COFFEECHINARestaurants / Chains
09/2026L CATTERTONHYROXGERMANYLeisure Facilities
09/2026GBH (GROUPE BERNARD-HAYOT)ICM WELLNESSFRANCELeisure Facilities
09/2026L CATTERTONNANDHANA FOODSINDIARestaurants / Chains
08/2026BAIN CAPITALGONG CHA GROUPTAIWANRestaurants / Chains
07/2026BASIC-FITWELLYOUGERMANYLeisure Facilities
07/2026FRENCH FOOD CAPITAL / BPIFRANCEEMMAFRANCERestaurants / Chains

REFERENCES

Revenue range: REV 1m EUR - 100m EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Speedfit Kraftwerk by Basic-Fit 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.

FAQ

What transaction does this page cover?

This page covers Basic-Fit’s acquisition of 100% of Speedfit Kraftwerk, an Austrian company specialised in Leisure Facilities, in 2026.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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