Deals

Leisure January 22, 2020

Fitness disruptor Digme buys Another Space from Third Space

Digme Fitness, the boutique fitness operator, has acquired the entire issued share capital of Another Space London from Third Space, and with it the Another Space studios at Covent Garden and Bank.

Geoff Bamber, Digme CEO and co-founder, commented: “We have always admired Another Space with their high-quality team, beautiful studios and prime locations. We are very lucky to be welcoming them to our company.We believe that this transaction will strongly benefit our existing community, with two new central London locations and more concepts to avail of, as well as benefiting the members of Another Space by giving them more opportunities to work out across London.”

We are looking forward to watching where Geoff and the Digme team can take the business in 2020.  Spinning is winning, clearly.

Deal/project: Acquisition

Date closed: January 2020

Space: Leisure

Other lawyers and advisors: Shoosmiths advising Third Space, the seller

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