Direct Investments

NORD Holding enter the fitness market – Majority acquisition of the Jumpers Group, Rosenheim

06.08.2013

With Jumpers NORD Holding invests in a fitness chain with high growth potential. Stephan Schulan, co-founder and managing partner of the Jumpers Group from Rosenheim still wants to achieve a lot with his discount segment positioned gym chain.

"Gyms are enjoying growing popularity in Germany. The number of gym members has increased from 2.5 million in 2005 to around 7.5 million. We expect a further increase to approximately 10 million members in 2017. Well-positioned brands in the premium and discount segments in particular will disproportionately benefit from this growth. We are therefore proud that with NORD Holding we have found a professional partner to support our expansion goals with high commitment", said Schulan.

Founded in 2005 the Jumpers Group today has about 26,000 members and 10 health clubs, nine of which are located in Bavaria with the remaining one located in Baden-Württemberg. Most recently in 2012 two new locations in Augsburg and Nuremberg were opened.

"With Jumpers we have invested in a so far small but very well-positioned fitness chain with high growth potential", said Rainer Effinger, who as Managing Director at NORD Holding is responsible for the commitment. "In particular, we found the very pleasant atmosphere of the studios, the high professionalism of the staff and management as well as the excellent price-performance ratio absolutely convincing. The conditions for further expansion of the successful concept are truly outstanding", concluded Effinger.

Nord Holding now holds 65 % of the shares in Jumpers. The management has 20 % and a private investor with experience in the sector is involved with 15 %.

About NORD Holding

With its 50-year history and over € 2.0 billion assets under management, NORD Holding is one of the leading private equity asset managers in Germany with a focus on direct and fund investments.

The fund investments division targets the small- and mid-cap segment of the European private equity market through primaries, secondaries and co-investments.

NORD Holding has a strong focus on emerging buyout managers, hands-on investment strategies and regularly acts as an anchor investor. The division manages € 1.3 billion and ranks among the top decile fund investment groups in Europe.

The direct investments division of NORD Holding focuses on structuring and financing company succession models, acquiring parts of larger groups/subsidiaries as well as on expansion financing of medium-sized companies. In contrast to most other financial investors, who only manage closed-end funds, NORD Holding acts as a so-called "evergreen fund", thereby investing from its own balance sheet with no maturity restrictions. Currently, the fund has interests in more than 15 companies in the DACH region.

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