Consumer & Retail /
SATS
2020 turnover
EUR 337M
No. of employees
~9,000
Acquisition date
June 2011
Fund
Fund III
SATS is the leading pan-Nordic health and fitness chain, operating under SATS, Elixia and Fresh Fitness brands. It has over 700,000 members and 220 clubs in Finland, Norway and Sweden.
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
Team
Sondre Gravir
CEO