Irish gym group FLYEfit has refinanced its debt to continue on its expansion journey
December 2023 — FLYEfit, Ireland’s leading and fastest growing gym chain, has secured debt financing for further expansion.
FLYEfit operates 20 gyms in Dublin and Cork. It is the market leader in Ireland, offering a high-quality premium experience to its members at very low prices. The company employs over 200 people and is based on a highly scalable business model enabled by technology.
Our role in the transaction
Oaklins’ team in Ireland acted as advisors to FLYEfit for the refinancing of its banking facilities with AIB bank. Through a hands-on approach and leveraging strong banking relationships, the Irish team helped the company secure the funding. FLYEfit is a long standing client of Oaklins in Ireland, having been involved since the company’s inception, and has advised on various corporate activities since.
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