GA_P advises JP Morgan (Lynstone) on the acquisition and refinancing of the debt of Holmes Place Group in Spain.

Gómez-Acebo & Pombo advises JP Morgan (LYNSTONE SSF HOLDINGS, SARL) on the acquisition and debt refinancing of the majority of the Holmes Place group (Club Poliesportiu Europolis S.L.U, Ca N'arimon Mollet S.L.U, Complex Esportiu Les Corts S.L. and Holmes Place Active Spain S.A.U.), owners of ten gyms and sports centers in Spain.

The acquisition was made through a fund managed by JP Morgan and was partially financed through a loan granted by Oldenburgische Landesbank Aktiengesellschaft (OLB) and Nova Kreditna Banka Maribor D.D. The fund has acquired two municipal centers in Barcelona and eight gyms inherited from Virgin Active. The sports centers will be managed by Forus Deporte y Ocio. Forus takes a step forward in the fitness sector, where we have already advised JP Morgan and Ben Oldman on the entry of capital into the Spanish fitness company.

The GA_P team has been formed by: Pablo Fernández Cortijo, Ignacio de la Fuente and Mónica Ojeda, partner, associate and paralegal of the Corporate area, respectively, and by: Miguel Lamo de Espinosa, Paula Zarzalejos, Mónica Contreras and Laura Aguirrebeña, partner, associates, and LEF of the Banking and Finance area, respectively.