Making people healthier

SATS is the leading pan-Nordic health and fitness chain, operating under SATS, Elixia and Fresh Fitness brands. SATS is a full-service brand including padel, digital workouts and personal trainers. It has over approx. 700,000 members and 280 clubs in Finland, Norway, Sweden and Denmark.


Why we believe in SATS

  • The Nordic fitness market is an attractive market underpinned by strong macro fundamentals
  • SATS is the #1 operator in the Nordics with unparalleled scale advantage
  • Attractive financial profile with multiple levers for further value creation and growth

About SATS

2023 turnover (CY)

EUR 422M



Investment date

Jun 2011


Fund III

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