Lavelle Partners advises Urban Gym Group on entry into Irish market - Business Plus
Lavelle Partnershas advisedUrban Gym Groupon its move into Ireland with the acquisition ofIconic Health Clubs Dublin. The transaction adds four premium health clubs to UGG's portfolio, increasing its network. . .
Lavelle Partnershas advisedUrban Gym Groupon its move into Ireland with the acquisition ofIconic Health Clubs Dublin. The transaction adds four premium health clubs to UGG's portfolio, increasing its network to more than 60 locations across the Netherlands, the UK and Ireland. The Lavelle Partners multi-disciplinary team was led byGriana O'Kelly, partner and head of corporate & commercial. "This transaction highlights Ireland’s attractiveness as a strategic growth location for international businesses," said O’Kelly. "It was a pleasure to work with Urban Gym Group on this acquisition and we wish the team every success as it continues to grow. "The deal is one of several acquisitions and disposals on which Lavelle Partners has recently advised, reflecting the strength of the IrishM&Amarket. Greg Flanagan, head of property, andDenise Dockery, property partner, advised on the commercial property aspects of the acquisition. Urban Gym Group's portfolio spans full-service clubs, boutique studios and recovery concepts, including TrainMore where members earn a euro back for every workout they complete. Lavelle Partners advised Urban Gym Group on its acquisition of Iconic Health Clubs Dublin. Neil Randall, CEO of Urban Gym Group, said: "We're in the business of building communities, all ages, all backgrounds, where people show up consistently, train with purpose and feel like they truly belong. "That means investing in the equipment and environment that makes every session worth coming back for. Dublin gets that, and we can't wait to meet our new members and colleagues here. "Photo: (l-r) Denise Dockery, Michael Lavelle, Gríana O’Kelly and Greg Flanagan of Lavelle Partners LLP. (Pic: Supplied)Sign up to The Business Plus Panel to help shape the business decisions of tomorrow and win vouchers for your opinions!