Go back to News
NEWS
GA_P advises JP Morgan (Lynstone) on the acquisition and refinancing of the debt of Holmes Place Group in Spain.
6 of July, 2021
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.
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.
Autor/s
Pablo Fernández Cortijo – Partner
Paula Zarzalejos – Partner
See all authors
See fewer authors
Tipology
Deal
Press contact
Director of Business Development, Marketing and Communications
Director of Business Development, Marketing and Communications
More information about
Gómez-Acebo & Pombo
4 days ago 
PUBLICATION
Listing Act amendments to the Prospectus Regulation
The reform of the Prospectus Regulation to facilitate access to funding through securities markets, especially by SMEs, is pending publication in the OJEU.
04 Nov, 2024 
PUBLICATION
Novo Banco immunity to consumer lawsuits concerning unfair terms in contracts entered into with Banco Espírito Santo
The regulation of bank restructurings is not favourable to consumers.
01 Oct, 2024
PUBLICATION
Due diligence: the risk-based approach and the financial sector
The recent adoption of the Corporate Sustainability Due Diligence Directive will lead to the adoption by large companies of a due diligence system. The basis for its design is an analysis of the risks that business activities may have a negative impact on the environment and human rights. The financial sector has been taking these issues into account for years.
07 Jun, 2024
PUBLICATION
Inside Information and Quarterly Financial Statements: CNMV Communication of 13 October 2021
The CNMV notes in this communication that, although there are no closed periods in respect of the voluntary publication by issuers of the quarterly financial report, this report may contain inside information, in which case the Market Abuse Regulation applies
18 Oct, 2021
PUBLICATION
Payments for order flow and the zero-commission policy
These increasingly frequent practices raise numerous concerns regarding their legality under securities market law.
10 Sep, 2021
PUBLICATION
Brexit. Spanish Royal Decree Law 38/2020 of 29 December on the EU-UK Trade and Cooperation Agreement of 24 December 2020
Introduction to the key aspects of the EU-UK Trade and Cooperation Agreement of 24 December 2020 and the corresponding Spanish Royal Decree Law 38/2020 of 30 December.
15 Jan, 2021
PUBLICATION
Administrative liability of the members of a listed company’s audit committee for serious errors or inaccuracies in the audited annual accounts
The Supreme Court's judgment of 8 October 2020 confirms the administrative liability of Audit Committee members for the inaccuracy or lack of veracity of consolidated annual accounts that have been externally audited
13 Nov, 2020
PUBLICATION
Current Legislation No. 24
GA_P’s Current Legislation digests seek to provide an overview of the main legal issues of interest to our readers, clients and lawyers in a format that combines three elements: topicality, clarity and quality. Topicality in the information and in the selection of matters discussed; clarity in laying the foregoing in a concise and intelligible manner rather than...
10 Jul, 2018
PUBLICATION
Payment periods disallowed under the Late Commercial Payments Act: inappropriate voidness
We are accustomed to hearing the assertion that a bilaterally agreed clause contravening the statutory rule setting a time limit for commercial payments is void ab initio. But is this case when it is the supplier who has the bargaining power? And, in general, does such an assertion make sense?
05 Jul, 2018