Walker Morris advises Xercise4Less on investment

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A multidisciplinary team of lawyers at Walker Morris has advised Xercise4Less on its £42m growth capital investment from the Swedish credit provider Proventus Capital Partners.

The investment will allow the low-cost gym chain to open 10 more gyms by the end of the year and a further 40 over the following two years, achieving its goal of having 100 gyms by 2020. Xercise4Less currently has 49 gyms across the UK and 300,000 members.

A team, led by partners John Hamer and Ian Akitt, advised Xercise4Less. They were supported by a multidisciplinary team including Nicola Parkinson, Thomas Mieszkowski, Laura Lister, Christopher Blair and Mark Byrne.

The post Walker Morris advises Xercise4Less on investment appeared first on The Lawyer | Legal insight, benchmarking data and jobs.



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