Pérez-Llorca advises Ares on VivaGym deal

Pérez-Llorca has advised the U.S. fund Ares Management Limited on the financing of the purchase of VivaGym by Providence Equity Partners. Ares Management Corporation remains the primary financial backer of VivaGym, the owner of the Fitness Hut gym chain in Portugal. The Iberian team that worked for this transaction in Portugal and Spain is composed of Carlos Vaz de Almeida (pictured center) and Ildefonso Arenas (pictured left), both banking and finance partners, Isabel Villa (pictured right), banking and finance counsel; and banking and finance lawyers Isabel Rodríguez and José Manuel Alves.

The deal team

Carlos Vaz de Almeida has developed his professional activity in banking and financial matters and operations (including syndicated loans, acquisition financing, real estate financing, project financing, and acquisition of NPL/REO portfolios), as well as in Energy and Infrastructure matters and projects. Ildefonso Arenas has worked throughout his career advising financial institutions, debt funds, private equity entities, and large corporate groups on various types of financing transactions, including acquisition financing, corporate financing, project financing, real estate financing, private placement bond issuances, and restructurings. Isabel Villa has experience in structuring and executing various types of financial transactions, including corporate financing, leveraged buyout (LBO) acquisition financing, real estate financing, and debt refinancing and restructuring transactions.