MEFIC Capital’s Private Equity Funds Complete Successful Partial Exit from Sport Clubs Company via Tadawul Initial Public Offering

Sport Clubs listing ceremony 

MEFIC Capital hereby announces the successful partial divestment of its private equity interests in Sport Clubs Company, effected through the company’s recent listing on the Tadawul Main Market.

This transaction represents a significant achievement consistent with MEFIC Capital’s private equity strategy, which prioritises disciplined capital deployment, value realisation, and the strategic utilisation of public market liquidity to enhance investor returns.

Sport Clubs Company is recognised as one of the Kingdom of Saudi Arabia’s foremost fitness operators, with a network of more than 56 centers across 17 cities. Its brands include “Body Masters” for male clientele, “Body Motions” for female members, and “Body Experts,” the company’s distribution division specialising in fitness equipment.

Commenting on the transaction, a MEFIC Capital spokesperson remarked:

“Our investment in the fitness sector aligns strategically with the ambitions of Saudi Vision 2030, particularly in the areas of public health promotion, lifestyle enhancement, and the empowerment of the private sector. The successful flotation of Sport Clubs Company represents a landmark in our investment journey and reaffirms our commitment to identifying, nurturing, and realising value from high-potential enterprises. We remain focused on sourcing distinctive investment opportunities capable of delivering sustained value to our stakeholders and contributing meaningfully to the Kingdom’s broader economic objectives.”

The offering comprised 30% of the company’s issued share capital, thereby enabling a partial liquidity event for MEFIC Capital’s managed funds and positioning the company for further growth as a listed entity.

The transaction further evidence MEFIC Capital’s continued strategic transformation, characterised by the diversification of its product suite and a deepened footprint in sectors of national economic significance.

MEFIC Capital is one of the inaugural investment institutions licensed by the Capital Market Authority (Licence No. 06029-37). The firm provides an integrated suite of services encompassing asset management, private equity, real estate, private credit, and investment banking. Through its substantial expertise in domestic and international markets, MEFIC Capital is uniquely positioned to originate and execute compelling investment propositions aligned with the Kingdom’s ongoing economic evolution.