LC Fitness raises debt from Société Générale, BPRI, CIC and BPI France
The investment bank Largillière Finance supported the LC Fitness Group in arranging a €14 million loan from a pool of 4 banks to finance the acquisition of 5 sports clubs operating under the Fitness Park brand.
Founded in 2014 by Stéphane Miras, LC Fitness, headquartered in Chessy (77), is specialized in the development and operation of gyms under the Fitness Park franchise in France and Spain. The Group has developed along two axes: the opening of new gyms and the acquisition of new clubs in areas with strong development potential.
To date, LC Fitness operates 23 Fitness Park clubs, including 14 in France and 10 in Spain, with a total of 69,000 subscribers. It also runs the Fitness Park master franchise in Spain, with 24 franchisees.
In a steadily growing market in the wake of the health crisis, LC Fitness intends to capitalize on its expertise to accelerate its development and territorial coverage.
The 5 health clubs, already operating under the Fitness Park franchise and currently owned by the Ladjal Group, are geographically complementary, as they are located in the Paris region, with nearly 30,000 active customers by the end of 2024. The deal is financed by €14 million in debt, provided by Société Générale, Banque Populaire Rives de Paris, CIC and BPI France.
2025
Largillière Finance Experts
- Nicolas Ibanez
- Gabriel Hainault
- Maxime Fournely
Counterpart
The acquisition of these 5 new sports clubs represents a structuring external growth for the LC Fitness Group. We would like to warmly thank Largillière Finance for its support with the financing and its involvement throughout the process
Stéphane Miras
of LC Fitness
Our mission was to find the right partners to put in place a non-dilutive financing package. This major step for the LC Fitness Group will enable it to become the first French Fitness Park franchisee and consolidate its position in the Paris region
Gabriel Hainault
Director at Largillière Finance
Largillière Finance, the independent M&A advisor for growth companies
As an independent specialist in mid-cap transactions, Largillière Finance advises executives and shareholders on their capital transactions, including disposals, acquisitions, LBOs, financing solutions (equity and/or debt), financial engineering (valuation, etc.) and financial strategy advisory.
With more than 45 investment bankers and professionals, a strong presence in Paris, across the French regions (Bordeaux, Lyon, Nantes) and internationally, Largillière Finance has completed nearly 400 transactions and established itself as a leading market player.
Largillière Finance is a member of REACH Cross-Border M&A, a global M&A advisory network specialized in the mid-market segment, bringing together more than 400 investment bankers across major financial centers in over 30 countries.
