Middle-market-focused private equity firm FSN Capital Partners AS's FSN Capital Fund IV and other shareholders agreed to sell all of their stake in Forward TopCo A/S's European gym chain Fitness World A/S to PureGym Ltd.

The transaction is expected to close in January 2020.

Harris Williams, Plesner, Wardynski, Pestalozzi, PwC and Mckinsey were advisers to FSN.