New investors and funds strengthen ALTERLIFE’s development plan

ALTERLIFE is opening a caller section successful its maturation trajectory with the introduction of Alter Ego Ventures and Alea Holdings into its stock capital.

The two concern firms are each acquiring a 10% stake, further strengthening the group’s shareholder basal and supporting the adjacent signifier of its enlargement successful Greece’s wellness market.

The transaction is expected to accelerate the group’s strong maturation momentum by providing caller superior to fast-track its enlargement plans, while the concern with the caller shareholders is anticipated to lend importantly to further reinforcing ALTERLIFE’s starring presumption within Greece’s broader wellness ecosystem. The improvement follows the company’s strategic transformation initiated successful July 2024, when Highwire Investments, together with Nasos Zarkalis and Haris Kyriakopoulos, entered the company’s shareholder structure. Since then, ALTERLIFE has importantly accelerated its concern program, moving guardant with the improvement of 21 caller large-scale, state-of-the-art fittingness clubs done investments exceeding 21 cardinal euros.

Founded by Dimitris Koukouflis and Telemachos Koukouflis, ALTERLIFE has transformed its operating exemplary by converting its largest gyms into company-owned facilities, while besides investing substantially successful some its absorption team and broader workforce.

Today, the radical ranks among Greece’s largest fittingness and wellness work providers, operating a web of 90 gyms and serving much than 165,000 members nationwide. Of these, 49 are company-owned, while 41 run successful concern with the company’s affiliate network. Daily operations and subordinate acquisition are supported by 1,700 professionals and partners, with the institution focusing connected delivering personalized fittingness and wellness services successful a modern and customer-friendly environment.

Following the afloat integration of the gyms converted into corporate-owned facilities successful 2025, ALTERLIFE’s yearly revenues exceeded 40 cardinal euros, while its mean yearly maturation complaint reached 49% implicit the past three years.

Upon completion of the transaction, the company’s shareholder structure will beryllium arsenic follows: Highwire Investments 41%, Founders 39%, Alter Ego Ventures 10%, and Alea Holdings 10%.

The introduction of the caller shareholders further enhances the group’s fiscal flexibility astatine a clip of heightened enactment successful Greece’s wellness market, where request for organized, modern, and high-quality fittingness and wellness services remains strong.