IK2007 Fund to acquire health and fitness company Actic

IK Investment Partners’ (“IK”) IK2007 Fund has entered into an agreement to acquire Actic from funds managed by FSN Capital. Actic is a leading Nordic health and fitness company. Financial terms of the transaction were not disclosed. Closing of the transaction is subject to legal and regulatory approvals.

Actic has 143 health and fitness clubs and around 200,000 members in six countries. Its core markets are Sweden, Norway and Germany. In addition to this, Actic operates in Finland, Iceland and Austria. It was founded in 1981 in Sweden and acquired by FSN Capital in 2007.

Actic has leading positions in Sweden and Norway, mainly in small and medium-sized cities, with a well-established, successful concept that suits members from all age groups. The company is headed by CEO Anders Carlson and its sales were SEK 575 million in 2011.

Anders Carlson, Actic’s CEO, commented: “We are excited about our plans to continue developing the Nordic region’s leading health and fitness company. Actic’s vision is to create a healthier society by inspiring and engaging all people to better health and increased well-being through exercise and an active lifestyle. Now we will have opportunities to continue developing the company in that direction.”

Helena Stjernholm, Partner at IK and advisor to the IK2007 Fund, said: “We look forward to supporting the management team to further develop the business. The company benefits from a strong value proposition and offers clear growth opportunities, both via operational improvements and a health club roll-out programme.”

For questions contact:

Actic
Anders Carlson, CEO
Phone: +46 70 859 30 33

IK Investment Partners
Helena Stjernholm, Partner
Charlotte Laveson,
Communications Manager
Phone: + 46 8 678 95 00