All Seas Capital has made a significant minority investment in Synergym, a leading gym chain in Spain, aiming to accelerate its expansion across the country.

Information on the Target

Synergym, a prominent gym chain in Spain, has rapidly positioned itself as a key player in the fitness sector with over 200,000 active users across its 96 locations. The company is recognized for its innovative approach to fitness, offering low and flexible pricing while ensuring high-quality facilities equipped with modern equipment and specialized fitness areas. Their business model emphasizes the provision of diverse guided classes led by highly qualified staff, catering to a wide array of fitness enthusiasts.

The strategic rollout model employed by Synergym has facilitated consistent growth without site closures, setting a pathway for swift profitability at each location. The impending investment from All Seas Capital is intended to accelerate Synergym’s ambitious expansion across Spain, backed by a robust pipeline of potential sites ready for development.

Industry Overview in Spain

The fitness industry in Spain is experiencing notable growth, driven by a rising consumer interest in health and wellness. With an increasing number of individuals prioritizing physical fitness, gyms and fitness centers are becoming increa