The investment fund Ciclad has become the main shareholder of Episod, a premium network of gyms, with the aim of accelerating its development.
ADVANT Altana advised Ciclad on this LBO transaction, also supported by BNP Paribas Développement, which marks a new stage in Episod's growth.
Founded in 2017, Episod is expanding rapidly thanks to its unique positioning in the boutique gym market segment. With Ciclad's support, Episod plans to increase its network in the Île-de-France region initially, with prospects for national and even international expansion. The deal also includes a unitranche debt structured by Socadif, designed to optimize the company's financial resources while preserving its investment capacity.
ADVANT Altana advised CICLAD with a team led by partner Bruno Nogueiro, with Alexandre Reignier and Théodore Sabot on corporate matters. They were supported by Phillipe de Saint Bauzel, partner, Marie Darcq, and Alexandre Thuau-Renaudet on tax law, Mickael d'Allende, partner, Alexandre Véran, counsel, and Lakshana Cheetoo on employment law, as well as Marie Hindré, partner, and Margaux Brunet on commercial and contract law issues.
