
Stay Fit Gym continues its national expansion by acquiring two fitness centers in Sibiu and Galati
15 Septembrie 2022
BizLawyerBy acquiring the fitness centers in Sibiu and Galati and inaugurating two other locations in these cities, Stay Fit Gym will operate 16 fitness centers nationwide.
Stay Fit Gym, the second largest chain of gyms in Romania by the number of open centers, announces the complete takeover of two fitness centers in Sibiu and Galati. These represent the fourth and the fifth M&A transaction announced by Stay Fit Gym after taking over Neby Fitness, a center in the Domenii market area in Bucharest, and two fitness centers in Pitesti.
"We are excited about the acquisition of the two centers, and we look forward to continuing this process of growth. The transactions announced today represent a new stage in the expansion and transformation of Stay Fit Gym into a national brand, started in Romania and developed at an accelerated pace with the support of an investment fund consisting of Romanian entrepreneurs, Morphosis Capital. By the end of the year, we plan to open new fitness centers, both organically and through M&A, in Bucharest, Pitesti, Sibiu, and Galati, but also in new cities, such as Brasov, Buzau, Craiova, and Ramnicu Valcea. Our approach at the fitness center level is based on promoting a healthy lifestyle by offering premium equipment and excellent training conditions at affordable prices for all age groups," stated Alexandru Lascar, CEO of Stay Fit Gym.
"We are excited about the acquisition of the two centers, and we look forward to continuing this process of growth. The transactions announced today represent a new stage in the expansion and transformation of Stay Fit Gym into a national brand, started in Romania and developed at an accelerated pace with the support of an investment fund consisting of Romanian entrepreneurs, Morphosis Capital. By the end of the year, we plan to open new fitness centers, both organically and through M&A, in Bucharest, Pitesti, Sibiu, and Galati, but also in new cities, such as Brasov, Buzau, Craiova, and Ramnicu Valcea. Our approach at the fitness center level is based on promoting a healthy lifestyle by offering premium equipment and excellent training conditions at affordable prices for all age groups," stated Alexandru Lascar, CEO of Stay Fit Gym.
The fitness center purchased in Sibiu was owned by Habit30, and will enter into a complete renovation process in the next period, which includes replacing equipment, changing rooms, and adapting it to the Stay Fit Gym design. The company estimates that works will be completed by early October.
Also, in October, Stay Fit Gym will open a second fitness center in Sibiu, in Promenada Mall. The total area of the two centers is approximately 1,500 square meters, and the value of the investments made by Stay Fit Gym in Sibiu for the renovation of the purchased fitness center and the opening of the new center is approximately 5 million lei. At the same time, the company targets the inauguration of the third center in Sibiu at the beginning of next year. Once all three centers in Sibiu are operational, Stay Fit Gym estimates that the customer portfolio in this city will include more than 3,000 members.
Regarding the fifth transaction, the fitness center in Galati was acquired from OneGym, the local market leader. The city center location will be renovated in the following period, immediately after the inauguration of a new Stay Fit Gym fitness center in this city, in Galati Shopping City. The company decided that the acquired fitness center would be renovated after opening the one in the mall so that Stay Fit Gym members would always have a location where they could train. The two locations will have a total area of 3,000 square meters.
As in the case of Sibiu, the company targets the inauguration of the third center in Galati at the beginning of next year. When all three centers in this city are operational, the Stay Fit Gym customer portfolio in Galati will include approximately 4,000 subscribers. The total value of the company's investments in Galati amounts to about 7.5 million lei.
"With the opening of the Promenada Mall location in Sibiu, we mark the beginning of a strategic partnership with NEPI Rockcastle. This location will be followed by Galati Shopping City, and next year we will also open fitness centers in other locations of the same owner. Since the beginning of the year, we have successfully completed five M&A transactions with local operators. Among the many upcoming openings, I would also mention the collaboration with the IGD group, the owner of the Winmarkt stores, where we have three openings planned in the next 4-5 months," stated Marius Preodisteanu, Head of Expansion Stay Fit Gym.
By acquiring the fitness centers in Sibiu and Galati and inaugurating two other locations in these cities, Stay Fit Gym will operate 16 fitness centers nationwide.
At the beginning of the year, the company targeted revenues of over 15 million lei, but following the successful development of the continuous expansion process and the organic growth recorded at the level of all centers, Stay Fit Gym estimates revenues of 20 million lei for the entire 2022 year. The company has also seen exponential growth in member numbers – from about 3,800 at the start of the year to over 10,000 members in August 2022.
Publicitate pe BizLawyer? |
![]() ![]() |
Articol 941 / 4530 | Următorul articol |
Publicitate pe BizLawyer? |
![]() |

BREAKING NEWS
ESENTIAL
CMS | Join Our Team: Tax Consultant - Tax Department
Finanțările sindicalizate își păstrează poziția solidă, iar club-deal-urile câștigă teren pe piață, spun avocații din practica de Banking & Finance de la NNDKP | Valentin Voinescu (Partener): ”Am remarcat o creștere a interesului din partea fondurilor de investiții și a creditorilor non-bancari. Profilul clientului a evoluat: companiile sunt mai bine informate, mai receptive la structuri mixte și tot mai interesate de optimizarea costurilor și a structurii de capital”
Cei mai buni profesioniști în domeniul brevetelor, văzuți de ”IAM Patent 1000 - 2025” | NNDKP, ZRVP și Dincă & Speciac au cea mai bună poziționare, iar Mușat & Asociații și Baciu Partners sunt în prim plan. Ce firme au cei mai mulți avocați listați și ce spun clienții despre aceștia
De vorbă cu studenții admiși în fruntea listei la Facultatea de Drept a Universității București | Liana Ștefana Bonca, 85 de puncte, printre primii intrați în anul 2022: “Facultatea vine cu provocări însemnate, iar examenele te testează în moduri neașteptate, cerând mai mult decât ai crezut vreodată că poți oferi. Totuși, în mijlocul acestui tumult și a nesiguranței cu care încă mă confrunt, am credința profundă că munca și pasiunea pot transforma chiar și cele mai grele obstacole în realizări”
LegiTeam: Atorney at Law (0 - 2 years) - Dispute Resolution | Reff & Associates
Women in Business Law EMEA Awards 2025 | CMS câștigă titlul de de “Firma anului în România”. Un avocat in-house local, desemnat ”General Counsel of the Year” pentru regiune
Tranzacție rară pe piața românească | Cum au lucrat avocații Legal Ground în proiectul legat de achiziția unor obligațiuni ‘tokenizate’, înregistrate și tranzacționate prin sistemul blockchain. Mihai Dudoiu (Partener): ”Pe lângă aspectele comune unor proiecte de finanțare ‘clasice’, a fost necesară integrarea unei componente de fintech. Arhitectura juridică a trebuit adaptată unui cadru relativ nou și încă în formare din punct de vedere normativ”
LegiTeam: Lawyer - Corporate M&A | Reff & Associates
Filip & Company a asistat consorțiul de bănci în legătură cu prima emisiune de obligațiuni verzi a Electrica, în valoare de 500 de milioane de euro. Alexandru Bîrsan (managing partner) și Olga Niță (partener) au coordonat echipa
Țuca Zbârcea & Asociații salvează Asociația Municipală de Fotbal București de la dizolvare | Dosarul, preluat abia după pronunțarea hotărârii definitive de dizolvare. Dan Cristea (Partener): “Admiterea unei căi extraordinare de atac este un eveniment”
BizLawyer îi prezintă pe avocații care au devenit parteneri în ultimele runde de promovări | Corina Roman, avocat format în câteva firme mari, spune că a regăsit „cu drag”, la BACIU PARTNERS, aceeași preocupare pentru knowledge și dedicare față de mandatele primite de la clienți. “Nu am crezut niciodată că voi lucra într-un proiect cu sateliți, dar iată că aici am avut această ocazie. Și mi-a plăcut enorm, pentru că m-a scos din zona de confort. Acum, datorită acelei experiențe, știm mai multe și putem explora și acest tip de proiecte la nivel de echipă”
BRD coordonează un club loan de 190 mil. € pentru NE Property BV. Avocații CMS au consiliat consorțiul bancar în această finanțare
Citeste pe SeeNews Digital Network
-
BizBanker
-
BizLeader
- in curand...
-
SeeNews
in curand...