News Wednesday 4th March 2026

OC&C advises Aspria on its sale to David Lloyd Leisure

We are delighted to have supported Aspria on its sale to David Lloyd Leisure, Europe’s leading premium health, fitness and racquets group backed by TDR Capital. OC&C provided vendor due diligence to Aspria in connection with the transaction.

Aspria operates a portfolio of premium health and wellness clubs across Germany, Belgium, Italy and Spain. It is known for its high-quality facilities and integrated offering spanning fitness, racquets, spa and wellbeing, positioned at the (super-)premium end of the European market.

David Lloyd Leisure is one of Europe’s leading health and fitness operators, with a broad network of clubs offering fitness and wellness experiences. The acquisition strengthens David Lloyd’s presence in continental Europe and adds a complementary portfolio of high-quality assets in attractive metropolitan markets.

OC&C worked closely with Aspria’s shareholders to provide robust commercial insights into market dynamics, competitive positioning and future growth opportunities. Our vendor due diligence supported a well-informed and efficient transaction process, highlighting the strength of Aspria’s portfolio of sites and proposition,  and its strategic fit within the broader European leisure landscape.

This transaction reflects continued investor confidence in the premium health and wellness sector, where operators with differentiated propositions and strong member engagement are well placed to capture long-term growth.

OC&C and Leisure

We are a leading global strategy consultancy with deep expertise in the Leisure sector. We support both strategic and financial investors across buy-side and sell-side transactions, providing commercial and vendor due diligence as well as post-deal value creation support.

If you would like to discuss opportunities in the leisure and wellness space, please get in touch with our team.

Key Contacts

Jan Bergmann

Jan Bergmann

Partner

Tim Cook

Tim Cook

Partner

Mohsin Saleh

Mohsin Saleh

Associate Partner

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