Enterprise Investors Fund IX will invest up to EUR 20.4 million in Romanian fitness chain 18GYM by acquiring a significant minority stake, private equity player Enterprise Investors, one of the largest in CEE, said.<\/p>\n
The transaction is subject to approval from the Competition Council.<\/p>\n
Company founder Vlad Ronea will remain the majority shareholder and continue to lead the business.\u00a0<\/p>\n
The transaction is expected to support the fitness chain in an \u201caccelerated rollout of new locations and selective M&A opportunities.\u201d<\/p>\n
18GYM operates 37 clubs with an average location size of approximately 1,500 sqm, reflecting the company\u2019s focus on spacious, modern facilities. In 2025, membership grew by 40%, and revenue exceeded EUR 17 million.\u00a0<\/p>\n
\u201cRomania\u2019s fitness market still has relatively low gym participation and remains highly fragmented, creating strong opportunities for growth and consolidation. We believe 18GYM\u2019s proven, scalable operating model positions the company to expand its market share both organically and through targeted acquisitions,\u201d said Bartosz Kwiatkowski, partner at Enterprise Investors and transaction lead. \u201cDemand is shifting toward spacious, well-equipped clubs delivering a strong training experience at competitive prices, and 18GYM is well positioned to meet these expectations at scale.\u201d<\/p>\n
\u201cFrom day one, our ambition has been to build Romania\u2019s most accessible, high-quality gym network and become the country\u2019s leading player,\u201d said Vlad Ronea, founder and CEO of 18GYM. \u201cWe\u2019ve proven that our format resonates strongly with members, and this partnership gives us the resources to accelerate expansion, raise the bar on customer experience, and lead the next phase of market consolidation through scale and disciplined execution. Ultimately, our goal is to become the favorite destination for anyone who wants to move and care for their overall well-being.\u00a0<\/p>\n
18GYM is Enterprise Investors\u2019 eighth direct investment in Romania. Including this investment, the total capital invested by EI in Romanian businesses amounts to EUR 217 million.<\/p>\n
Locally, Enterprise Investors previously held stakes in toy retailer Noriel (2016-2022), grocery retailer Profi (2010-2017), HR services firm Smartree (2010-2016), construction materials producers Macon (2006-2018), software company Siveco (2006-2013), supermarket chain Artima (2005-2008), and telecom operator Orange Romania (1999-2005).<\/p>\n
Active since 1990, Enterprise Investors has raised ten funds, which have invested and committed EUR 2.4 billion in 162 companies, completing 142 exits to date.<\/p>\n
(Photo: the company)<\/em><\/p>\n simona@romania-insider.com<\/em><\/p>","protected":false},"excerpt":{"rendered":" Enterprise Investors Fund IX will invest up to EUR 20.4 million in Romanian fitness chain 18GYM by acquiring a significant minority stake, private equity player Enterprise Investors, one of the largest in CEE, said. The transaction is subject to approval from the Competition Council. Company founder Vlad Ronea will remain the majority shareholder and continue […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9181","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/9181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9181"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/9181\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}