Today is the beginning of a thrilling new chapter for The Climbing Hangar, thanks to our partnership with Verlinvest. The global investment powerhouse are all-in to help us supercharge our mission of inspiring bolder living through indoor climbing.
We are excited to announce that Verlinvest has acquired a majority stake in The Climbing Hangar, the UK’s leading bouldering gym operator! This partnership, alongside Founder Ged MacDomhnaill and management, will accelerate growth through new site openings across the UK and acquiring high-quality third-party sites. With nine sites and over 20,000 members, The Climbing Hangar is focused the penetration of the sport, building on current momentum with the UK having won Gold at the Paris Olympics, and welcoming a new generation of climbing enthusiasts. At Verlinvest, we have a proven track record of successfully developing consumer brands and multi-site businesses on a global scale, including K1 Speed, Tony's Chocolonely, Oatly, Tom&Co, Faceland Clinic, BLUDENTAL, Blue Tokai Coffee Roasters and Insomnia Cookies. Our investment in The Climbing Hangar demonstrates our commitment to nurturing niche, high-growth sports with multiple revenue streams beyond traditional multi-site leisure models. Congratulations to Ged MacDomhnaill, Ben Black, Olivia Gautier, Julia Pedret Sagnier and the teams at The Climbing Hangar and Verlinvest! We look forward to scaling the business and supporting its mission to inspire and grow the climbing community. Read the full article using the link below: https://lnkd.in/e77rkHKE #Bouldering #Climbing #UK #Lifestyle #Investment #Consumer #Experience