NORD Holding has successfully established a Single-Asset Continuation Fund to support the long-term development of the all inclusive Fitness Group, Germany’s leading premium-value fitness platform. Closing is expected in Q1 2026 following the finalization of syndication.

The Continuation Fund will be anchored by Kline Hill Partners as Lead Investor, alongside a strategic syndicate of institutional investors. NORD Holding and the management team will remain significantly invested. The newly established fund provides additional growth capital that will significantly support the company’s continued expansion. Ares Credit funds, which have supported the company since 2021, will continue providing debt financing.

With more than 171 studios, approximately 650,000 members, and consistently strong operational performance, the all inclusive Fitness Group is one of the most dynamic and high-growth platforms in the German fitness market. The new ownership structure creates an excellent foundation to further accelerate the company’s long-term growth strategy, expand its footprint, and advance key operational initiatives. Strategic priorities include a targeted nationwide expansion based on regional clusters to maximize synergies and achieve the ambition of developing more than 250 studios in the coming years and consolidating long-term market leadership.

‍“We greatly appreciate the trust placed in us by our new partners. Establishing this Continuation Fund enables us to continue the successful growth trajectory of the all inclusive Fitness Group and actively shape the next phase of its development.”

Rainer Effinger, Managing Partner, NORD Holding

Source: NORD Holding
Picture: All Inclusive Fitness