Kent Orrgren, CEO at World Class, performed at the European Health and Fitness Forum in Cologne. The 5th annual event brought together top experts from different sectors of the industry and over 400 delegates from 34 countries to discuss human capital in the European fitness sector.
Kent Orrgrenreplaced Mikael Fredholm as the CEO of our portfolio company, World Class Romania. Mikael Fredholm will remain as amember of the Management Board. Kent Orrgren has over 25 years' experience in healthcare and fitness sector. Previously he was a member of management boards in the leading fitness clubs in Sweden.
Our portfolio company, World Class Romania, entered into a binding agreement to acquire the fitness chain operator Club Sport Fitness Center MV S.R.L.
Funds under management and advisory of Resource Partners increase their commitment to World Class
We completed the buyout of the minority shareholders of World Class Romania, our portfolio company. This transaction strengthened our partnership with the management team of World Class Romania and will help achievetheir goal ofbuilding the undisputed leader of the Romanian fitness market.
Resource Partners has joined forces with the management team to acquire World Class Romania
In a management buyout we acquired a controlling stake in World Class Romania. This transaction marks our first investment in Romania.