DLA Piper Advises Endorfina Shareholders on Sale of 51% Stake to Benefit Systems

DLA Piper advised the shareholders of Endorfina Group and Endorfina FHU, and PwC Legal advised Benefit Systems. The transaction involves Benefit Systems, a Poland-based provider of non-wage employee benefits and a fitness club operator, acquiring a 51% stake in Endorfina Group and Endorfina FHU, the operators of the Endorfina fitness club chain. DLA Piper reported that the majority stake is valued at a projected PLN 95.4 million. The final purchase price will be subject to adjustment based on the companies' normalized EBITDA for 2025, applying a single-digit multiple. Under the terms of the agreement, Benefit Systems will acquire the remaining 49% stake in 2027. DLA Piper represented the shareholders of Endorfina Group and Endorfina FHU with a team composed by: Partner Jakub Marcinkowski, Counsel Michal Sowinski and Associate Aleksander Stank. PwC Legal represented Benefit Systems.

DLA Piper Advises Endorfina Shareholders on Sale of 51% Stake to Benefit Systems

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