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A&O Shearman advises Providence on the financing for its acquisition of VivaGym Group

A cross-border leveraged finance team from A&O Shearman advised Providence Equity Partners (“Providence”), on the financing for its acquisition of VivaGym Group (“VivaGym”), a leading Iberian gym operator.

The A&O Shearman team was led by sponsor-side leveraged finance partner Nick Hallam in London with senior associate Tiffany Liow and associate Jack Mellet. The Madrid team was led by finance partner Ignacio Ruiz-Camara alongside senior associate Sara Sanz and associate Marta Peláez Díez.

VivaGym is a leader in the Iberian fitness market, operating 104 gyms with approximately 315,000 members across Spain and Portugal.