Providence Equity Partners Acquires VivaGym Group
June 21, 2024
Providence Equity Partners has completed the acquisition of VivaGym Group from Bridges Fund Management. VivaGym, a leading operator of affordable gyms across Spain and Portugal with 104 clubs, over 315,000 members and more than 1,000 employees, will continue to be led by CEO Juan del Río Nieto while Providence supports its expansion across the Iberian Peninsula; Ares remains the group's primary lender.
- Buyers
- Providence Equity Partners
- Targets
- VivaGym Group
- Sellers
- Bridges Fund Management
- Industry
- Healthcare Services
- Location
- Andalusia, Spain
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Bridges Fund Management Acquires Majority Stake in énergie Fitness
August 5, 2019
Healthcare Services
Bridges Fund Management has acquired a majority stake in énergie Fitness, the UK low-cost gym franchisor with over 100 sites across the UK and Ireland, for an undisclosed sum. The investment will support an accelerated roll‑out of new small-box gyms in underserved locations and strengthen the brand’s franchise model and member proposition.
-
Lead Capital Partners Makes Platform Investment in Viva Day Spa + Med Spa
November 28, 2023
Healthcare Services
Lead Capital Partners (LCP) made a platform investment in Viva Day Spa + Med Spa in partnership with the company's founders and management team; Petra Capital Partners and Harbert Credit Solutions invested alongside LCP. Viva operates four locations in the Austin, Texas area and will remain led by its existing management as LCP supports the company's next phase of growth and geographic expansion.
-
J.P. Morgan Acquires ~49% Stake in Viva Wallet
January 25, 2022
Payments & Fintech
J.P. Morgan announced it will acquire an approximately 49% ownership stake in Viva Wallet Holdings Software Development S.A., a cloud-based European payments fintech headquartered in Athens, Greece. The minority strategic investment (terms undisclosed) is intended to support Viva Wallet’s expansion of localized, omnichannel payments and merchant services across Europe.
-
Greenbriar Equity Group Completes Growth Recapitalization of VIVE Collision
November 20, 2023
Automotive
Greenbriar Equity Group completed a growth recapitalization of VIVE Collision in partnership with VIVE management and Garnett Station Partners; financial terms were not disclosed. The investment will fund VIVE's organic growth and M&A strategy as the multi-site collision repair operator expands across the Northeastern United States.
-
Quext Acquires Majority Stake in Viva Equity
July 13, 2021
Payments & Fintech
Quext, a Lubbock-based proptech platform, acquired a majority stake in fintech Viva Equity to integrate Viva's digital banking products (Viva First and Relm) and embedded finance capabilities into Quext’s multi-family property management platform. The deal aims to improve resident financial inclusion—particularly for Latino, student and underserved renter communities—while reducing operating costs for multi-family operators through embedded payments and banking features.
-
Gladstone Capital and Bennett Capital Partners Invest in Viva Railings
July 19, 2022
Building Products
Gladstone Capital Corporation provided a senior debt facility and follow-on growth capital to Viva Railings, partnering with Bennett Capital Partners to support the company's expansion. The capital will fund new growth initiatives and accelerate expansion of Viva Railings' existing footprint across the U.S.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.