Private fairness fund Resource Partners has got a controlling stake in World Class, the health chain, for an undisclosed sum, marking the finances’ first funding in Romania. The deal was once structured as a control buyout.

World Class operates via a community of eleven golf equipment in 3 Romanian towns, after opening the primary membership in 2000. The corporate mentioned it plans to proceed increasing within the nation.

“We imagine within the corporate’s enlargement and consolidation attainable in Romania, each in Bucharest and different towns. This first challenge in Romania could be very a lot consistent with Resource Partners’ means of making an investment in client orientated corporations and supporting competent control groups in Central Europe,” mentioned Dan Farcasanu, the fund’s funding director.

Resource Partners was once prompt by means of RTPR Allen&Overy and EY. The control workforce at World Class were given Capital Partners and TSAA.

The personal fairness fund has investments in Poland and Latvia.

Ovidiu Posirca

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