Stay Fit Gym – an enterprise promoting physical training, mental health and sustainability in Romania, received support and funding from Morphosis Capital, under an ERDF financial instrument. Morphosis Capital, a private equity growth fund, helped Stay Fit Gym to accelerate its growth from 7 fitness centres located only in Bucharest, to more 38 fitness centers today, which are present in 15 cities, in just two and a half years. With a total of 600 employees and collaborators they have over 35 000 active members, an approximate 7-fold increase from the moment of the investment. They have also expanded to provide training programmes authorised by the Ministry of Education, in the form of Stay Fit Academy and Stay Fit Kids.
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Submitting organisation: Morphosis Capital Fund I Cooperatief U.A. Type of authority: Financial intermediary Financial instrument name: ESIF Regional Fund-of-Funds Romania | Funding source: ERDF/CF Type of financial product: Equity Financial size: EUR 7 500 000 |