Morphosis Capital agrees to sell Stay Fit Gym stake as chain combines with 18GYM

PUBT · 2d ago
Morphosis Capital agrees to sell Stay Fit Gym stake as chain combines with 18GYM
  • Morphosis Capital agreed to sell its stake in Romanian fitness chain Stay Fit Gym as it combines with 18GYM.
  • The deal is expected to deliver up to a 4.6x net multiple on invested capital, with a net IRR above 40%.
  • Morphosis invested in 2021 when Stay Fit Gym had seven Bucharest clubs, with EUR 1.7 million revenue and EUR 0.5 million EBITDA.
  • By 2026, Stay Fit Gym is expected to reach 77 clubs, with about EUR 34 million revenue and EUR 10 million EBITDA.
  • Post-closing, Stay Fit Gym and 18GYM are expected to form a dual-brand platform with more than 120 clubs and about 130,000 members.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morphosis Capital SRL published the original content used to generate this news brief on October 06, 2026, and is solely responsible for the information contained therein.