A Roll-Up of Sports and Fitness
Businesses Driven by Community
Vitriol Group is a holding company structured as a buy-and-build vehicle, designed to acquire and progressively scale a diversified portfolio of private sports and fitness businesses across Europe
The European sports and fitness economy is one of the most compelling and underserved opportunities in the lower middle market: fragmented, community-driven, and largely overlooked
In 2026, sports and fitness has become an extension of identity. The club, the class, the race is how a growing share of Europeans express themselves, find their people, and signal who they are. We target the businesses built around that pull
Currently focused on Portugal, planning to scale across the continent
Acquire
Business owners and operators with profitable history and recurring revenue
Optimise
Operational improvements without disrupting what made the business work
Build
Sequential bolt-ons within and across verticals to compound the platform
The same fragmented operators and the same absence of community-led consolidators exists across every market we target
Filippo Chisari
Filippo's vision for Vitriol Group is to consolidate Europe's fragmented sports and fitness landscape, drawing on a background that spans military service, Entrepreneurship Through Acquisition and corporate development, management consulting and commercial operations, finance and investment, alongside a lifelong commitment to amateur competitive sports and fitness
His cross-cultural fluency is the foundation for the successful execution of Vitriol Group's acquisitions across Europe. Italian-Dutch by origin and graduate of UK universities, Filippo has lived in the UK, Italy, the Netherlands, and now Portugal. He is a polyglot and speaks English, Italian, Dutch, and Portuguese
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