News and developments
Invision acquires a majority stake in NonStop Gym
Niederer Kraft Frey advised Invision on its investment in NonStop Gym.
Invision, a leading investment company with a focus on succession solutions and growth financing for medium-sized companies in Switzerland and beyond, has acquired a stake in NonStop Gym SA. The two founders, Petra Posselius and Ellen Berg, will remain significant shareholders and will continue to lead the company with the existing management in their roles as CEO and Head of Growth, respectively.
NonStop Gym is the leading fitness chain in the value segment in French-speaking Switzerland and is based in Geneva. Since the first club opening in 2014, NonStop Gym has opened 30+ clubs, mainly in the Lake Geneva region. Since 2017, NonStop Gym has also been present in German-speaking Switzerland with six clubs, and since earlier this year in Italian speaking Switzerland.
More than 50,000 members are convinced by the “Quality where it matters” philosophy. In every NonStop Gym club in Switzerland, members can train around the clock, 365 days a year, in a modern environment with high-quality equipment at an attractive price.
Together with the management of NonStop Gym, Invision will support the continuation of the successful growth course and drive the expansion by opening more clubs in Switzerland.
The investment in NonStop Gym SA is the second transaction of the Invision VII fund launched in 2022.
The NKF team was led by Corporate/M&A partner Jacques Bonvin, working with partner Andrea Wuerzner, associates Melania Sirbu and Marc Fiorellino, and junior associate Robert Deprez-Fernandes (all Corporate/M&A), as well as partners Adrian Koller and Philip Spoerlé, associate Selim Lötscher and junior associate Norina Frey (all M&A/Finance).