Sunday 15, September 2013 by Robin Amlôt

Investcorp's Gulf Opportunity Fund takes stake in Leejam Sports, owner of Fitness Time

Investcorp and Leejam Sports Company J.S.C, a Saudi health and fitness club management company managing the brand “Fitness Time” have announced that Investcorp’s Gulf Opportunity Fund has acquired a 25 per cent minority stake in the Leejam business. As part of the agreement, the fund will be represented on Leejam’s Board and will play an active role in its strategic choices and growth opportunities.

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