Technology

EQT Partners weighs refinancing at Fitness Passport

Sources said Fitness Passport is five-times levered to its annual earnings, and EQT’s dealmakers want to see if they can beat the existing pricing or structure.

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login A year after Swedish giant EQT Partners agreed to pay $750 million for gym subscription service Fitness Passport, the private equity firm’s Aussie dealmakers are looking to juice up returns via the debt stack. EQT invested in Fitness Passport last year.

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. BOSS Financial Review.