Synergym has quickly established itself as one of Spain’s main gym operators. Its business model emphasises low and flexible prices, high-quality club design with specialized fitness areas, top-of-the-line high-tech equipment, highly qualified staff and a wide range of quality guided classes.
All Seas Capital’s investment will fuel Synergym’s ambitious expansion plans across Spain, with an ample pipeline of sites ready to develop.
Founded in 2013 by experienced entrepreneurs Dr. Sergey Miteyko and Leonard Lvovich, Synergym’s expansion strategy is led by Managing Director Jordi Bella and a highly capable management team.
All Seas Capital are leveraging our extensive experience in supporting businesses with a proven track record and clear vision for the future to help Synergym achieve its growth ambitions.
Our Contributors |
Cristobal Cuart Joe Petrusic Luis Garcia |
Fund | Active, Fund I |
Sector | Health & Fitness |
Entry date | 2024 |
Location | Spain |
synergym.es |
Dr. Sergey Miteyko and Leonard Lvovich Founders of SynergymWe are thrilled to have All Seas Capital join the Synergym team and back our exciting growth plans. We have quickly established Synergym as one of the largest chains of fitness gyms in Spain through a prudent rollout plan that ensures that each and every site achieves fast profitability and high cash flow generation. This is fundamental to our success and gives us great confidence in our expansion strategy. With additional capital and All Seas’ fresh perspective and expertise, we are excited at what we can achieve together!