The Climbing Hangar Asset Profile

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Year established

2006

Location

Liverpool UK

Primary Industry

Travel & Leisure

About

Based in Liverpool, UK, and founded in 2006, Grip UK Ltd, traiding under the name The Climbing Hangar, operates an indoor climbing centers across four sites within the UK, including Plymouth (opened 2018), Liverpool (second site 2020), Swansea (opened 2019) and London (opened 2015). The Business employees 70 people and over 12,000 visitors come through its doors each month (4000 of whom are Hanger Members). The company has ambitious plans, which includes opening a new site located in Exeter in 2020. In October 2024, Verlinvest, along with the company's management, acquired a majority stake in The Climbing Hangar for GBP 20 million. Financial terms were not disclosed.

Current Investors

Mercia Asset Management, Verlinvest, NVM Private Equity

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Primary Industry

Travel & Leisure

Sub Industries

Education & Training Services, Recreational & Entertainment Facilities

Website

www.theclimbinghangar.com

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Buyout
Growth
Growth
Growth

Deal Status	Target (s)	Deal Date
Completed	The Climbing Hangar	15 Oct 2024
Completed	The Climbing Hangar	06 Aug 2021
Completed	The Climbing Hangar	19 Dec 2019
Completed	The Climbing Hangar	06 Aug 2018

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