- Laura Areizaga, Director of Sherpa Capital: "We are delighted to support BPXport in acquiring a leading fitness centre such as CDO. The fitness industry is booming thanks to increasingly healthy lifestyles. We expect the current process of consolidation in the industry to intensify over the next few years, leading to the creation of operators that will need to be larger to compete. BPXport is in good health after experiencing strong growth under the leadership of an excellent management team and has all the resources to consolidate its position as one of the leading sports centre operators in Spain."
- Beñat Barrio, founder and CEO of BPXport: "Sherpa Capital is the ideal partner to join us in this new stage, in which our objective will be to consolidate our presence at a national level and look for different geographical areas to expand our activity. The market for sports centres in Spain is still very fragmented and we are confident that having the support of an investor with resources, knowledge and an extensive network of contacts will help us identify and implement strategies for organic and inorganic growth".
- Founded in 2006 by a group of professionals with extensive experience in the fitness industry, BPXport is an operator of concessional sport centres that currently manages 20 sports centres and 25 service contracts in Guipúzcoa, Vizcaya, Navarra, Cantabria, Madrid, Valladolid, Valencia and Granada. BPXport manages 150,000sqm of sports facilities, employs around 800 people and generates annual revenue of around 30 million euros.
- With the investment of Sherpa Capital, the incorporation of CDO Almendrera and CDO Covaresa sports centres to the BPXport platform has been formalized. Located in Valladolid, CDO Covaresa is among the largest concessional sports centres in Europe. This transaction falls within Sherpa Capital's strategy of investing in growth companies, focusing on opportunities with high expansion and consolidation potential.