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A final round of bids for fitness chain Pure Gym is due tomorrow (2 November), according
to Reuters.
news •
01 Nov 2017
Health and fitness operators based in London could benefit from free fitness training thanks to a scheme funded by the European Social Fund (ESF) and the London Learning and Skills Council (LSC).
news •
17 Apr 2007
David Lloyd Leisure (DLL) has been taken over by private equity group TDR
Capital. The new owners will inject investment to upgrade clubs and focus on
domestic and international expansion.
Though the terms of the deal haven't been disclosed, it's thought the business
was sold by London & Regional and joint shareholders Caird Capital for
around
£750m. The takeover sees TDR gain control of a chain of 81 clubs in the UK
and 10 in Europe, with membership figures standing at 440,000.
news •
06 Sep 2013
Portuguese fitness chain Vivafit has secured a deal to open 100 women-only health clubs
in Saudi Arabia.
news •
14 Nov 2016
Moray, a company formed by private equity group, Cinven, has announced its recommended cash offer for health club chain, Fitness First is now unconditional.
news •
16 Jun 2003
Health club group Holmes Place has teamed up with Heart 106.2FM radio to offer Londoners a selection of free memberships, class passes and £100 worth of club discounts throughout January as part of its Tone Up and Tune In campaign.
news •
17 Jan 2006
It has been reported that health and fitness club chain Esporta, owned by Duke Street Capital, is to sell its freehold property assets for more than £300m.
news •
26 Jun 2006
Virtuagym, provider of a cloud-based fitness software platform and mobile apps, has
secured
€6m (US$7m, £5.3m) worth of financing to help fuel the international growth of the
company.
news •
23 May 2018
In breaking news, HCM understands that David Lloyd Leisure's Glenn Earlam will move from
his role as CEO to become chair of the business, with COO, Russell Barnes, stepping into the CEO
role.
news •
01 May 2021
London Sport has announced the launch of a new insight and data portal as it seeks to
make good on its goal of transforming London into the most active city in the world.
news •
25 Apr 2016
iFit, an interactive fitness streaming platform from Freemotion Fitness, has received significant
investment, worth US $200m, from Pamplona Capital Management.
product innovation •
27 Mar 2020
Pure Gym has joined a number of high-profile UK gym chains in setting its sights
on dominating the capital’s fitness market by announcing a raft of new health
clubs in the coming months.
news •
14 Oct 2014
Health club operator Fitness First has signed a three-month waiver agreement
with its key creditors to allow a comprehensive debt restructuring.
news •
24 Apr 2012
Budget gym operator Xercise4Less has opened a club in Chesterfield, taking the number of
clubs in
its portfolio to 50.
news •
15 Jun 2018
Iconic children’s programme Sesame Street is adding venture capital to its portfolio, with
its not-for-profit arm the Sesame Workshop, partnering with Collaborative Fund to create
the all-new Sesame Venture.
news •
05 Feb 2016
Esporta and Cannons, two of the UK’s largest gym chains, are believed to be up for sale in deals that could potentially be worth a combined £850m.
news •
07 Aug 2006
Boutique fitness brand 1Rebel will accelerate its London expansion plans after raising
£6.6m in funding from private equity firm Codex Capital.
news •
08 Nov 2017
Low cost health club chain easyGym is reportedly being prepared for a sale.
news •
09 Feb 2016
Boutique health and fitness operator Ten Health and Fitness plans to double the size of its business
over the next three years, having secured a £4m growth capital investment from Foresight Group.
news •
03 Jul 2019
Third Space has made its first move beyond the equity markets by agreeing an £88.5m
structured finance facility with OakNorth and Searchlight Capital Partners.
news •
02 Oct 2023
F45 is collaborating with investment group Fortress to provide new and existing franchisees
with loan financing. The facility is funded with an initial tranche of US$150m but demand could
push the envelope to US$300m.
news •
19 May 2022
Privaty equity firm NorthEdge Capital has backed a buyout of Total Fitness Health Clubs
Limited - led by the gym chains's management team - to the tune of £11.5m.
news •
01 Apr 2015
Online gym pass provider PayAsUGym has secured a £6.5m investment from
Albion Capital as part of its expansion plans.
news •
24 May 2018
A progress report on the government’s Sporting Future strategy has been overshadowed
by the omission of more than £300m in cuts to a programme for boosting pupil’s health. While sports
minister Tracey Crouch told Parliament there had been 'good progress on a number of fronts' since
the plan was introduced, her latest report failed to detail changes to the Healthy Pupil Capital
Programme.
news •
02 Feb 2018
Boutique fitness operator Boom Cycle has named industry veteran David Lloyd as its non-executive
chair.
news •
05 Sep 2018
The Bannatyne Group has ditched plans for a partial IPO and is now reassessing its
options for raising capital to fuel growth.
news •
05 Jul 2016
Budget club operator énergie Fitness is looking for a new financial partner after appointing
Clearwater International and Canaccord Genuity as its new financial advisors.
news •
16 Apr 2018
Plans have been unveiled for the creation of two new cycle superhighways
running from north to south and east to west London, with the £913m
(US$1.5bn, €1.1bn) routes being dubbed 'Crossrail for bikes'.
news •
05 Sep 2014
New Evolution Ventures (NeV) is to partner with fitness industry veterans Kirk
and John Galiani to develop and operate a collection of health clubs in the
north east of US.
news •
16 Feb 2012
Interactive fitness streaming platform iFit has raised a US$200m warchest in order to accelerate its
growth plans in the connected fitness sector.
news •
18 Dec 2019
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HCM promotional features
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The New Keiser M3i Studio Bike brings ride
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Nuffield Health has worked with ServiceSport UK for more than ten
years, ensuring the equipment in its clubs is commercially optimised
HCM promotional features
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D2F had updated its brand styling to keep pace with
business growth. MD, John Lofting and operations
director, Matt Aynsley, explain the rationale
HCM promotional features
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Francesca Cooper-Boden says
health assessment services can
boost health club retention
HCM magazine
What needs to happen to integrate physical activity with
healthcare? Leaders in the sector share their thoughts
HCM magazine
HCM People
Belinda Steward
MD of leisure, health and wellbeing, Places Leisure Places Leisure“We need to make it automatic that when people go to their doctor, they’re offered exercise rather than medication where appropriate”
HCM magazine
When a hefty round of investment
coincided with the pandemic, the
CEO of Midtown Athletic Clubs
feared the company – founded by
his grandfather – would go down
on his watch. He talks to Kath
Hudson about the pressure to
keep the business afloat
HCM magazine
Consumers’ growing love of strength training is to be welcomed, as this long-neglected modality has a renaissance, however, it’s vital we continue to make the case for cardio
HCM magazine
HCM People
Jen Holland
CEO: Edinburgh Leisure“Edinburgh Council will have a £143m budget shortfall by 2028/29 and so must find ways to become more efficient”
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