HomeSpainSynergym Receives Minority Investment From All Seas Capital

Synergym Receives Minority Investment From All Seas Capital

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synergym

Synergym, a Málaga, Spain-based gym chain, received a minority investment from All Seas Capital.

The amount of the deal was not disclosed.

The company intends to use the funds to accelerate its expansion and rollout across the country.

Founded in 2013 by Dr. Sergey Miteyko and Leonard Lvovich, Synergym is a fitness chain with over 200,000 active members in its 96 network of gyms across the Spanish market with key hubs of Andalucia, Valencia and Cataluña. It is focused on low and flexible prices, club design with specialized fitness areas, tech equipment, qualified staff and a wide range of classes.

All Seas Capital’s Partner Joe Petrusic will join the Synergym board of directors, which also includes representatives of Synergym´s current investors Oxy Capital and Growth Partner.

FinSMEs

01/07/2024

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