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Health Club Management

Health Club Management

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Health Club Management

Health Club Management

News

Stock market floatation back on agenda for énergie Group

There will come a point when you will see us crystallise the value of the business – this could be through an IPO or the sale of stock to a private equity company
– Jan Spaticchia, chief executive, énergie Group

Fitness brand énergie Group could float on the stock market or sell shares to a private equity company within two years, CEO Jan Spaticchia has revealed.

The group scrapped initial public offering (IPO) plans in 2012 due to the volatility of the marketplace, but in an interview with Health Club Management, Spaticchia said a floatation could be revisited.

“There will come a point in the next 12 to 24 months when you will see us look to crystallise the value of the business," he said. "This could be through an IPO or the sale of some stock to a private equity company. It could be either, so watch this space.”

Last year, the group sold more than three per cent of the business through the crowdfunding site Crowdcube, in a deal that allowed franchisees to become shareholders.

The transaction valued the business at £15m (US$19.9m, €16.8m).

Spaticchia revealed énergie's plans to grow its international presence, with a contract about to be signed for its first site in Africa – in Nairobi, Kenya.

It will also expand its presence in Ireland by 15 to 20 sites over the next 12 months, from its existing 11 clubs.

énergie also has two gyms opening in Latvia and one in Poland, with “a major surge into the Polish market” expected next year.

As reported in August, a rebrand of its UK clubs is ongoing, which includes the installation of its functional fitness concept The Yard.

To read the full interview, click here.

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Fitness brand énergie Group could float on the stock market or sell shares to a private equity company within two years, CEO Jan Spaticchia has revealed.
HAF,PHR
Jan Spaticchia also revealed plans to enter the market in Africa and expand its presence in Ireland
Ridgeway Furniture
Ridgeway Furniture

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Safe Space Lockers Ltd
Safe Space Lockers Ltd
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Ridgeway Furniture
Ridgeway Furniture
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Features
ukactive update
ukactive has replaced Flame with a new event called Active Uprising, to better serve the evolving health and fitness sector, as Steve Ward explains
Features
IHRSA update
Personal and small group training can engage members and keep them regularly coming through the doors of a club. Kristen Walsh shares the findings of a recent IHRSA report that looks at how members use these sessions
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Personal training
The PT market varies hugely across Europe. Niels Gronau and Julian Berriman present the highlights of new research into the sector
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Elevate preview
Now in its third year, the UK’s largest physical activity trade event is returning next month bigger and better than ever, this time with its inaugural conference. We take a look at what’s in store for delegates
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Franchising
The UK’s franchised fitness sector is heating up, with more and more operators turning to this model to achieve ambitious growth plans. Tom Walker takes a closer look
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People
Interview
I have to do everything in my power to make Fitness First Germany a great, sustainable company again
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Interview
A well-researched type of offering gives members what they really want and need: long-lasting results in all areas of their health
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People profile
Steele joins the working group tasked with revising the chief medical officer’s physical activity guidelines for adults
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People profile
Leon’s founding mission is to help people ‘live and eat well’ and wellbeing is a natural extension of this
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People profile
I was approached by my rowing club to do more with their amazing facility, which is located on the river. I decided to create a comprehensive, branded group exercise experience
People
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Featured suppliers
Featured supplier: Getting Riggy With It – Completely bespoke functional training rig solutions from EXF
At EXF our functional training rigs are anything but ordinary.
Featured suppliers
Featured supplier: HIT HUB – the functional frame to unleash the athlete in everyone
Escape Fitness has launched an innovative, space efficient frame-based solution for functional training in boutiques, studios and gyms looking to offer challenge, community, novelty and results to their experience-seeking member bases.
Video Gallery
Welcome to Active IQ
Active IQ
Active IQ is an awarding organisation recognised and regulated by Ofqual within the Active Leisure sector designing qualifications that support clear career pathways. Read more
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Company profiles
Company profile: Merrithew™
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Company profile: Precor
For more than 35 years, Precor has driven fitness forward. We continue that heritage every ...
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SportSoft UK Ltd: Computer solutions
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MYZONE: Fitness assesment
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Rephouse: Flooring
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Castle Park, Colchester
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Diary dates
28-29 Apr 2018
Olympia London, London, United Kingdom
Diary dates
09-10 May 2018
ExCeL London, London, United Kingdom
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