Natixis Partners Iberia acted as exclusive M&A advisor to the shareholders of Altafit on the sale process to MCH, and led the transaction structuring to acquire minority shareholders’ interests and several out-of-the-perimeter sites before the transaction closes.
Altafit, founded in 2011, is the largest low cost fitness club operator in Spain with 43 sites and over 90,000 users. The company is headquartered in Madrid and employs approximately 250 people. MCH, a Madrid based private equity firm focused on the mid-market with €850m funds under management, acquired Altafit through its MCH Iberian Capital Fund IV.