Team

Bild av Michael Moritz

Michael Moritz

Managing Partner

Telefon: +49 30 809 33 47-13

LinkedIn

@

Bild av Mark Miller

Mark Miller

Managing Partner

Telefon: +49 40 300 836-11

LinkedInXING

@

Bild av Caspar Graf Stauffenberg

Caspar Graf Stauffenberg

Managing Partner

Telefon: +49 89 255 49 53-11

LinkedIn

@

Bild av Daniel Garlipp

Daniel Garlipp

Managing Partner

Telefon: +49 40 300 836-19

LinkedIn

@

Bild av Daniel Dies

Daniel Dies

Partner

Telefon: +49 40 300 836-16

LinkedIn

@

Bild av Manfred Drax

Manfred Drax

Partner

Telefon: +49 89 255 49 53-15

LinkedIn

@

Bild av Nico Schmidt-Weidemann

Nico Schmidt-Weidemann

Partner

Telefon: +49 89 255 49 53-17

@

Bild av Anders Elgemyr

Anders Elgemyr

Managing Partner

Telefon: +46 70 496 18 15

LinkedIn

@

Bild av Erik Lundberg

Erik Lundberg

Director

Telefon: +46 73 850 35 59

LinkedIn

@

Bild av Arnold Holle

Arnold Holle

Managing Partner

Telefon: +44 208 017 6015

LinkedIn

@

Bild av Anders Bo

Anders Bo

Managing Partner

Telefon: +45 4199 8252

LinkedIn

@

Bild av Flemming C. Pedersen

Flemming C. Pedersen

Managing Partner

Telefon: +45 4199 8251

LinkedIn

@

Bild av Morten Kjærulff

Morten Kjærulff

Partner

Telefon: +45 2634 9031

LinkedIn

@

Bild av Kurfürstendamm 188

Kurfürstendamm 188

10707 Berlin

Telefon: +49 30 809 334 70

LinkedIn

@

Bild av Michael Moritz

Michael Moritz

Managing Partner

Telefon: +49 30 809 33 47-13

LinkedIn

@

Bild av Eva Macha

Eva Macha

Office Management

Telefon: +49 30 809 33 47-10

LinkedIn

@

Bild av Jessica Algner

Jessica Algner

Office Management

Telefon: +49 30 809 33 47-12

LinkedIn

@

Bild av Nils Zettelmeyer

Nils Zettelmeyer

Vice President

Telefon: +49 30 809 33 47-25

LinkedIn

@

Bild av Thorsten Grandt

Thorsten Grandt

Vice President

Telefon: +49 30 809 33 47-20

LinkedIn

@

Bild av Toldbodgade 57

Toldbodgade 57

1253 Copenhagen K

Telefon: +45 3945 0010

LinkedIn

@

Bild av Anders Bo

Anders Bo

Managing Partner

Telefon: +45 4199 8252

LinkedIn

@

Bild av Flemming C. Pedersen

Flemming C. Pedersen

Managing Partner

Telefon: +45 4199 8251

LinkedIn

@

Bild av Morten Kjærulff

Morten Kjærulff

Partner

Telefon: +45 2634 9031

LinkedIn

@

Bild av Esplanade 41

Esplanade 41

20354 Hamburg

Telefon: +49 40 300 83 60

LinkedIn

@

Bild av Mark Miller

Mark Miller

Managing Partner

Telefon: +49 40 300 836-11

LinkedInXING

@

Bild av Daniel Garlipp

Daniel Garlipp

Managing Partner

Telefon: +49 40 300 836-19

LinkedIn

@

Bild av Daniel Dies

Daniel Dies

Partner

Telefon: +49 40 300 836-16

LinkedIn

@

Bild av Anna-Lena Kickbusch

Anna-Lena Kickbusch

Office Management & Accounting

Telefon: +49 40 300 836 10

LinkedIn

@

Bild av Elaine Kelly

Elaine Kelly

PR, Marketing & Business Development Manager

Telefon: +49 40 300 836 18

LinkedIn

@

Bild av Mischa Krause

Mischa Krause

Vice President

Telefon: +49 40 300 836-24

LinkedIn

@

Bild av 14 Buckingham Street

14 Buckingham Street

London WC2N 6DF

Telefon: +44 0208 017 6015

LinkedIn

@

Bild av Arnold Holle

Arnold Holle

Managing Partner

Telefon: +44 208 017 6015

LinkedIn

@

Bild av Philipp Claus

Philipp Claus

Associate

Telefon: +44 20 7395 2790

LinkedIn

@

Bild av Von-der-Tann-Straße 7

Von-der-Tann-Straße 7

80539 München

Telefon: +49 89 255 495 30

LinkedIn

@

Bild av Caspar Graf Stauffenberg

Caspar Graf Stauffenberg

Managing Partner

Telefon: +49 89 255 49 53-11

LinkedIn

@

Bild av Manfred Drax

Manfred Drax

Partner

Telefon: +49 89 255 49 53-15

LinkedIn

@

Bild av Nico Schmidt-Weidemann

Nico Schmidt-Weidemann

Partner

Telefon: +49 89 255 49 53-17

@

Bild av Anika Schaefer

Anika Schaefer

Office Management & HR

Telefon: +49 89 255 495 310

@

Bild av Sebastian Fischer

Sebastian Fischer

Vice President

Telefon: +49 89 255 49 53-12

LinkedIn

@

Bild av Birger Jarlsgatan 13

Birger Jarlsgatan 13

111 45 Stockholm

Telefon: +46 8 684 439 00

LinkedIn

@

Bild av Anders Elgemyr

Anders Elgemyr

Managing Partner

Telefon: +46 70 496 18 15

LinkedIn

@

Bild av Erik Lundberg

Erik Lundberg

Director

Telefon: +46 73 850 35 59

LinkedIn

@

Bild av Caroline Berglund

Caroline Berglund

Strategic Business Manager

Telefon: +46 73 382 10 82

LinkedIn

@

Bild av Markus Augustsson

Markus Augustsson

Head of Equity Research

Telefon: +46 76 235 03 20

LinkedIn

@

Bild av Bertil Nilsson

Bertil Nilsson

Senior Equity Analyst

Telefon: +46 70 434 90 03

LinkedIn

@

Bild av Mats Hyttinge

Mats Hyttinge

Senior Equity Analyst

Telefon: +46 73 338 50 67

LinkedIn

@

Bild av Lars Johansen

Lars Johansen

IT&Telecom Expert

@

Bild av Stina Ahlsen

Stina Ahlsen

Office Manager

@

1609160702 3562

Carlsquare advised the shareholders of Meridian Spa & Fitness Deutschland GmbH on the sale to David Lloyd Leisure (DLL)

David Lloyd Leisure (DLL), Europe’s leading health and wellness group, announces the acquisition of Hamburg-based Meridian Group, which operates eight premium fitness and wellness facilities in Germany. DLL, a portfolio company of TDR Capital, plans to invest over €20 million to further develop Meridian’s clubs into world-class fitness, health and wellness facilities. The British leisure group acquired its first German club in Bad Homburg in 2018. The acquisition of the Meridian Group is the next step in DLL’s ambitious expansion plans to grow in the German and European wellness and fitness market.

In December 2014 Afinum, a leading German private equity investor, acquired the Meridian Group, to further strengthen the company’s market position as the leading German premium fitness and wellness club operator and to accompany the upcoming management transition program. Carlsquare already advised Leo Eckstein in 2014 in finding a new sparring partner by pitching the idea to Afinum. They have now sold their stake to DLL, whose financial strength and industry expertise will guide the Meridian through the next growth phase.

Leo Eckstein has successfully led the Meridian Group for 20 years and has also been a co-owner since his management buy-out in 2007 and is now also selling his shares. Eckstein (61) had already announced three years ago that he intended to handover the company into younger hands. With Christin Lüdemann (45) and André Nagel (43) this generation change has been initiated. Both now manage the operating business independently. Eckstein will continue to oversee the transition until March 2020, when he will retire from the management. He will then continue to work as a consultant at DLL’s request to support the future expansion plans.

With the sale to DLL, which is owned by investment funds managed by TDR Capital LLP, AFINUM and Eckstein expect a successful continuation of the positive development of the Meridian Group and a further expansion of its leading market position in the premium segment in Germany. DLL’s investment plans include the further development and expansion of its fitness offering (equipment and courses) and the expansion of its wellness offering and possibly even the construction of additional pools.

Glenn Earlam, DLL’s Managing Director/CEO commented, ”The Meridian Group is a strong, respected and very well managed company in the German fitness and wellness industry. The acquisition represents an important strategic move for David Lloyd Leisure. We have ambitious plans to continue to invest in and develop the clubs. We are looking forward to meeting the Meridian members and the Meridian team to share our vision for the future. There is a high demand for first-class spa and fitness clubs in Germany, which is an attractive market to expand in as well as to roll-out the David Lloyd Leisure concept across Germany”.

Leo Eckstein, former managing shareholder of Meridian commented: “Carlsquare was our partner of choice, because of its connection to Meridian as well as its local presence in Hamburg and Berlin. Carlsquare has supported us in all steps of the process and helped us to get the deal done in a very efficient manner.”

“We appointed Carlsquare as our exit advisor due to its strong mid-market experience and competitive sell-side capabilities. Carlsquare has done an excellent job and we were very satisfied with the handling of the exit process.” says Burkhard von Wangenheim, Afinum.

Michael Moritz, Managing Partner Carlsquare, about the transaction: “We are very happy we were able to support our long-term client Afinum during another milestone transaction. This transaction represents another landmark in our Private Equity sell-side coverage and proofs our strong know-how in executing competitive auction sell-side processes in a professional environment.”

Carlsquare already successfully advised Afinum on the acquisition of Meridian Spa & Fitness Deutschland GmbH in 2014 and has now again supported the group in its next growth step as their exclusive financial advisor.

 

  • Meridian Spa & Fitness Deutschland GmbH:

  • David Lloyd Leisure (DLL):

  • TDR Capital:

Kontaktpersoner

Bild av Michael Moritz

Michael Moritz

Managing Partner

Telefon: +49 30 809 33 47-13

@

Bild av Daniel Garlipp

Daniel Garlipp

Managing Partner

Telefon: +49 40 300 836-19

@

Bild av Sebastian Fischer

Sebastian Fischer

Vice President

Telefon: +49 89 255 49 53-12

@

Bild av Philip Goldhahn

Philip Goldhahn

Associate

Telefon: +49 40 300 836-21

@

Bild av Polina Amini

Polina Amini

Associate

Telefon: +49 40 300 836-14

@

Bild av Moritz Schwetje

Moritz Schwetje

Senior Analyst

Telefon: +49 40 300 836-27

@

Bild av Cindy Faller

Cindy Faller

Analyst

Telefon: +49 30 809 33 47 23

@

  • Klient:

    Meridian Spa & Fitness Deutschland GmbH
  • Bransch:

    Consumer
  • Uppdrag:

    Sellside