UK - Graphite Capital backs £22m buyout of Third Space

Graphite Capital has backed the management buyout of a premier London health and fitness club, The Third Space Group, for ТЃ22m. Founded in June 2001, the Soho-based gym and health centre now has close to 4,300 members. Its facilities include a medical centre offering orthodox and complementary medicines and therapies; 30 different classes; a 20 metre ozone swimming pool and a climbing wall.