The Climbing Hangar, established in 2011 in Liverpool, has recently transitioned to new ownership under Belgian investment firm Verlinvest.
With nine centres across the UK and over 10,000 members, this acquisition signals a new phase of growth and innovation for The Climbing Hangar.
The renowned Belgian firm, Verlinvest, has strategically acquired The Climbing Hangar (TCH), a Liverpool-founded enterprise that began its journey in 2011. The acquisition, for an undisclosed sum, marks a significant transition for TCH, which boasts nine indoor climbing centres across the UK and a robust membership exceeding 10,000 individuals. This deal signifies Verlinvest’s commitment to expanding in the dynamic leisure sector.
The management of TCH remains at the helm and aims to drive strategic growth through a buy-and-build strategy alongside Verlinvest. This partnership promises to extend TCH’s influence and operations, leveraging Verlinvest’s resources and expertise.
The advisory team also facilitated management’s reinvestment in the business, showcasing their adaptability and strategic insight in handling venture and equity-related activities seamlessly.
Comments from Ged Mac, CEO of TCH, echoed similar gratitude. He acknowledged the pivotal role played by Browne Jacobson in every stage of the process, underscoring the collaborative efforts that brought this acquisition to a successful close.
Moreover, by maintaining the current management team, the acquisition ensures continuity and stability, which are crucial for executing long-term strategic goals.
The buy-and-build strategy, as part of this acquisition, is set to bolster TCH’s market presence further. It aligns perfectly with Verlinvest’s goals to strengthen its foothold in the leisure domain by nurturing promising ventures with high growth potential.
This partnership not only highlights the potential for growth in the climbing sector but also the strategic advantage of aligning with investment firms like Verlinvest, renowned for expanding promising businesses.
As The Climbing Hangar enters a partnership with Verlinvest, the future seems promising for both expansion and enhancement of services.
This strategic acquisition is poised to elevate The Climbing Hangar’s status in the leisure industry, leveraging Verlinvest’s resources for substantial growth.