SALVEPAR Founded in 2007 by Céline Wisselink and Marie-Anne Teissier, Neoness has rapidly become one of the main fitness players in France thanks to an innovative concept, offering high quality infrastructures and attractive services at a fair price. Neoness is predominantly present in Paris and its surroundings. In order to support the brand's growth, Salvepar has invested €25 million in equity and convertible bonds alongside the two founders who stay in control of the company.
Neoness has been the first French fitness network to offer competitive prices (standard offer at
€10 per month) while keeping quality infrastructures and services in line with premium networks: large and spacious gyms, Precor equipment (one of the most renowned fitness equipment supplier), group classes with coaches under LesMills and Zumba licenses... Transparency and conviviality are Neoness' core values, making fitness available to the largest number: clear and simple prices, leisure-oriented fitness practice versus high performance, welcoming staff, sport machines and classes adapted to every sporting level.
Today, Neoness operates about twenty gyms of 1,000 to 2,000 square meters, predominantly in Paris and its surroundings, as well as in the city centers of other major French cities. The group expects to open another ten gyms in 2016, in line with its current growth rate.
In order to support this growth and the group's ambitions, Neoness' co-founders approached Salvepar which has decided to invest close to €25 million in the group alongside a bank financing. Salvepar is a company listed on Euronext Paris and controlled by the Tikehau Group. Its investment team has been attracted by the company's sustained growth under the lead of its management. In addition to convertible bonds, Salvepar owns c. 25% of the group's equity.
CélineWisselink,Neoness'co-founder,commented:"We have been seduced by Salvepar's flexible and bespoke approach as well as by its experience in supporting growth companies. We are really happy to create a partnership with this strategic shareholder for our project."
ThomasGrob,HeadofInvestmentatTikehau-Salvepar,commented:"We are very enthusiastic to partner with Céline Wisselink and Marie-Anne Teissier and to finance the growth of this fitness concept in line with the current trends of adequate consumption."
About SalveparSalvepar is an investment holding company listed on the Euronext Paris stock exchange (Compartment B) majority owned by the Tikehau group. Salvepar pursues an active policy of minority investments in listed and non-listed companies, seeking sectorial and geographical diversification (in France and abroad).
www.salvepar.fr
Investor: Salvepar/Tikehau (Thomas GROB, Mathieu BADJECK, Geoffroy RENARD, Lionel LE ROUX)
Company's financial advisor: Capitalmind (Jean-Arthur DATTEE, Kilian de GOURCUFF, Raphael MAR-TEAU)
Company's legal advisor: Hogan Lovells (Transaction: Stéphane HUTEN, Arnaud DEPARDAY, Debt: Ariane BERTHOUD, Stéphanie BIGO, Tax: Bruno Knadjian, Pierre Denizot-Heller)) Salvepar's legal advisor / Legal audit: KWM (Thomas MAITREJEAN, Maeliss BOURBON) Financial due diligence: Eight Advisory (Lionnel GERARD, Pedro SILVA, Guillaume LEULLIER)
Bank debt : LCL (Antoine LEANDRI, Geoffroy de CHASSEY), BNP Paribas (Laure-Emmanuelle FILLY-LABOUS, Sandrine PREVOST, Isabelle SALA), Société Générale (Maud TOULLEC, Snezana MITROVIC, Manuel GRAFFEUIL)
Banks' legal advisor: CMS BFL (Benjamin GUILLEMINOT, Benoît FOURNIER)
Salvepar : +33 1 40 06 26 26 Image 7 : + 33 1 53 70 74 70
Geoffroy Renard : communication@salvepar.fr Grégoire Lucas : glucas@image7.fr
Estelle Guillot-Tantay: egt@image7.fr
Neoness BernasCOM : + 33 1 45 26 25 92
Elodie Bernascon Bonnin elodie.bernascon@bernascom.com
SALVEPAR SA issued this content on 2015-12-21 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-21 17:42:12 UTC
Original Document: http://www.salvepar.fr/resources/pages/pr--neoness--21-12-2015.pdf
