Star Trac / Core Health & Fitness
Star Trac / Core Health & Fitness
Star Trac / Core Health & Fitness
Health Club Management

Health Club Management

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Health Club Management

Health Club Management

News

énergie Fitness appoints financial advisors ahead of sale and 'aggressive expansion'

Budget club operator énergie Fitness is looking for a new financial partner after appointing Clearwater International and Canaccord Genuity as its new financial advisors.

The firms – both which have pedigree in the fitness sector – have been tasked with finding énergie a financial partner which will be able to provide énergie with growth capital, as well as "liquidity for legacy shareholders", who are currently invested in the business.

Clearwater International, a corporate finance firm, recently advised Fitness Hut – a Portuguese low-cost gym group – on securing investment from Viva Gym. It also advised Gymbox on securing growth capital funding from investment firm Business Growth Fund.

Financial services firm Canaccord Genuity previously advised LA Fitness on its sale to Pure Gym.

According to énergie CEO Jan Spaticchia, the search for a new financial partner is part of plans to complete "an aggressive rollout" in the UK.

"After refining the brand and business model over several years, we believe that now is the right time to aggressively accelerate our growth plan," Spaticchia told Leisure Opportunities.

"Our presence in the high-growth budget segment of the fitness club market, our new boutique-style offering ‘thé YARD’, and our franchise business model positions us at the nexus of three highly attractive areas of the market."

He added that énergie's management team are expected to remain shareholders in the business.

Énergie has been considering its options for a liquidity event for some time and in 2012 it abandoned a floatation at the last minute due to market volatility.

As part of preparations for finding new investment, the company appointed Neil King – former managing director of 1Life Management Solutions – as its new chief operating officer earlier this year.

At the time of King's appointment, Spaticchia said: “We’re looking at a capital realisation event at the back end of this year – it could be private equity, it could be an IPO – and this appointment will give me the opportunity to work on that."

Founded in 2003, énergie is the largest and fastest growing budget fitness franchise group in the UK with 106 clubs open and in presale, around £30m network turnover and more than 135,000 members across the UK, Republic of Ireland and Europe. énergie grants between 30 and 40 new franchises every year and already has 26 clubs scheduled for opening in 2018.

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Budget club operator énergie Fitness is looking for a new financial partner after appointing Clearwater International and Canaccord Genuity as its new financial advisors.
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CEO Jan Spaticchia said the search for a new financial partner is part of plans to complete an aggressive rollout in the UK.  / énergie Fitness
Perfect Gym Solutions SA.
Perfect Gym Solutions SA.

News

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Dyaco International
Dyaco International
DW Fitness First is introducing a new water-based HIIT class in order to cater to
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SportSoft UK Ltd
SportSoft UK Ltd
DW Fitness First is introducing a new water-based HIIT class in order to cater to
Leisure Media, publisher of business to business magazines for the global leisure industries, such as
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Perfect Gym Solutions SA.
Perfect Gym Solutions SA.
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Features
Report
Participation can not only improve health and behaviour but can directly contribute to efforts to tackle re-offending, reduce violence and conflict - Professor Rosie Meek
Features
feature
How far is the health club industry from completing its evolution from a niche sector to a mass mainstream movement?
Features
feature
Calisthenics: is it just for hardmen, or is it an alternative activity that could appeal to your crossfitters or those in your free weights area? Kath Hudson reports
Features
Supplier showcase
GoCardless & Speedflex
Features
feature
The IHRSA European Congress, which takes place next month in Lisbon, Portugal, is a must-attend, must-experience event for industry leaders doing business in Europe says IHRSA’s Kristen Walsh
Features
Tech
Body composition analysers are an excellent way to differentiate your club, as well as help your members get results. Kath Hudson reports
Features
New trends
A combination of being hunched over desks and dynamic workouts have led to a new trend in assisted stretching studios. Is this the next big thing and should health club operators be adding it for their members? Kath Hudson reports
Features
Floatation
Scientists believe floatation therapy could be a shortcut to meditation and much more than just a relaxation amenity for health clubs. Niamh Madigan dives in to find out more
Features
News report
A disused tower block in central São Paulo has been converted into a vibrant fitness, sport and leisure destination for the city, as Kim Megson reports
Features
IHRSA update
Kristen Walsh, associate publisher at IHRSA, reveals the top performing health club operators in the US, Canada and Latin America
Features
Cycling
A new age of indoor cycling is upon us, characterised by a more diverse range of bikes and consumers. Steph Eaves breaks down the options in this two-part series
Features
People
People profile
We don’t sell the transformational dream: our core message to people is the importance of creating a new lifestyle and being fit for life
People
Profile
We’ve positioned ourselves as a premium concept with affordable prices. MyFitness is a full-line operator with modern facilities and top-of-the-line equipment and technology
People
People profile
Bear Grylls and Chris St George both served in the British Army. Their experience, combined with a results-driven offering, will engage people in exercise - Dave Stalker
People
People profile
We've incorporated mental health and wellbeing into the whole Mindset experience
People
people
The ultimate goal of WHO’s Global Action Plan on Physical Activity is a 15 per cent reduction in the global prevalence of inactivity by 2030
People
people
Performance is about how you truly ignite a human being, so they want to eat well, have self-discipline and exercise and can find the motivation by focusing on the outcomes they want
People
people
The drive behind everything we do is to help our patients get better. Whether that means climbing Everest, or climbing the stairs
People
people
We’re offering members the convenience of having a workout and a chance to shop in a lively, welcoming environment
People
People profile
Aerial is tough initially, but people get addicted because of the results they see and because it makes you completely switch off
People
Catalogue Gallery
Click on a catalogue to view it online
Featured suppliers
Featured supplier: MoveGB brings guest pass into 21st century with new Discovery tool
The ‘free guest pass’ is now a cornerstone of most fitness operators’ acquisition practises. But is it effective to engage a new audience?
Featured suppliers
Featured supplier: Dyaco launches new Spirit Fitness Fluid Rower and refreshes 900 CV range
Global fitness manufacturer Dyaco, has launched the new Spirit CRW900 Fluid Rower to add to its growing range of Spirit Fitness CV equipment.
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
More videos:
Company profiles
Company profile: Pavigym
PAVIGYM is the premier innovator of flooring and interactive solutions for the global fitness industry....
Company profiles
Company profile: Legend Club Management Systems (UK) Ltd
Legend provides the leading software solution for driving improvements in leisure operations. We deliver savings ...
Directory
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Trade associations
International SPA Association - iSPA: Trade associations
Fitness equipment
Dyaco International: Fitness equipment
Member access schemes
Move GB: Member access schemes
Clothing/promotional merchandise
Taylor Made Designs: Clothing/promotional merchandise
Locking solutions
Ojmar: Locking solutions
Flooring
Total Vibration Solutions Ltd: Flooring
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Audio visual
Lightmasters UK Ltd: Audio visual
Spa software
SpaBooker: Spa software
Property & Tenders
White Rocks, Hastings
GVA
Property & Tenders
Diary dates
31 Oct - 01 Nov 2018
NEC, Birmingham, United Kingdom
Diary dates
27-27 Nov 2018
Harrogate Convention Centre, Harrogate, United Kingdom
Diary dates
Job search
Star Trac / Core Health & Fitness
Star Trac / Core Health & Fitness