MC Shape was founded by Yasin Oerenc in 2013 and has developed into an operator of fitness studios in small German towns. Today, the group operates 16 company-owned and two franchised studios and has more than 80,000 members. Currently primarily present in southern Germany, MC Shape studios will be available to members throughout Germany in the future. Rhein Invest will accompany and support the expansion as an active shareholder.
"MC Shape is a classic German entrepreneurial story, characterized by vision and hard work. We are delighted to be able to accompany Yasin Oerenc and MC Shape in their next growth phase," says Max Büchler, Principal at Rhein Invest. "His success proves him right! We want to build on this and are full of enthusiasm to develop the group into the leading fitness studio operator in small German towns," adds Moritz Schwetje, also a Principal at Rhein Invest.
"We live and breathe fitness, sport, and entrepreneurship. Everyone wants to be healthy and attractive. Hence the idea of the Muscle Club," says Yasin Oerenc, adding, "MC Shape is my baby. All our energy is invested in this company, and I'm looking forward to the new era for the company and the collaboration with Rhein Invest." Laughing and with a wink, he says, "Now we're going to shake things up. Our goal is nothing less than world domination."
The transaction, as well as the acquisitions and opening of additional studios, is being financed by Sparkasse Bremen.
Source: Rhein Invest
Picture: Rhein Invest / MC Shape