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Health Club Management

Health Club Management

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Health Club Management

Health Club Management

News

Mindbody buys Booker in $US150m deal

Mindbody will acquire rival, Booker Software, in a deal worth $US150m, said CEO Rick Stollmeyer today (12 March). The agreement is expected to be completed by the end of Q2

The deal will add a roster of around 11,000 locations to the Mindbody portfolio, bringing together Mindbody's clientele of boutique fitness studios and consumer network with Booker’s network of spas and day spas.

“Our intention is to rapidly expand our wellness and beauty platform by delivering more value to customers, consumers and partners alike," said Rick Stollmeyer, Mindbody CEO. “By combining our technology and teams, we will help our customers grow, by connecting them to even larger consumer audiences."

Josh McCarter, CEO of Booker, said: "By joining forces, we can deliver the game-changing technologies and accelerate growth for our customers."

The business was founded in 2006 by SpaFinder CEO, Pete Ellis and MD, Daniel Lizio-Katzen. It initially traded as 'SpaBooker, a division of SpaFinder', before being spun out as GramercyOne in 2010 with McCarter as CEO.

It later rebranded as Booker and was backed by Revolution Ventures and others in a series of deals which funded its growth.

Booker earned around $25 million in subscription and payments revenue in 2017, while its platform processed over $US1.4 billion in payments volume in 2017.

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Mindbody will acquire rival, Booker Software, in a deal worth $US150m, said CEO Rick Stollmeyer today (12 March 2018). The deal is expected to be completed by the end of Q2
SAB
Rick Stollmeyer (left) with Josh McCarter
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News

Stuart Broster, CEO of Anytime Fitness UK, has revealed plans to become the UK's largest
GPs and health professionals are being urged to refer older and inactive patients for golf
Entrepreneurs Shamir Sidhu and Daniel Marin are aiming to build the UK’s dominant yoga chain
Finnish architects OOPEAA have won a competition to design and create floating sea pools for
Low-cost operator énergie Fitness is looking to more than double the number of franchised clubs
US-based fitness franchise Gold's Gym has secured its 10th facility in Saudi Arabia. The 27,000sq
SportsArt Fitness
SportsArt Fitness
Stuart Broster, CEO of Anytime Fitness UK, has revealed plans to become the UK's largest
The Register of Exercise Professionals (REPs) has introduced a new points system to record Continuing
The value of the UK fitness club market has been valued at £5.1bn – a
Swim England, the national governing body for swimming in England, has announced plans to open
Alternative fitness operator 1Rebel has opened the world’s first spin studio amphitheatre in Victoria, London.
Getting university students physically active can have a dramatic effect on improving their mental wellbeing,
Leejam Sports Company, which owns and operates Fitness Time, the largest network of sports and
Perfect Gym Solutions SA.
Perfect Gym Solutions SA.
Stuart Broster, CEO of Anytime Fitness UK, has revealed plans to become the UK's largest
Polish low-cost operator CityFit is expanding its portfolio with the addition of two new sites
Fitness operators looking to improve their member retention should focus on recruiting "knowledgeable, friendly instructors".
The Biltmore Hotel, located at Coral Gables, near Miami, has announced that it has commissioned
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Features
Research
There’s a significant difference in average monthly memberships – members in the South pay an average of £41.07 whereas those in the North pay £22.75
Features
Tech
We asked some of the biggest names in health club management software to share their predictions for the future
Features
Pool fitness
Swimming laps isn't for everyone, so why limit your pool to one activity? Steph Eaves speaks to the providers of some of the most exciting water-based exercise concepts on the market, who explain how you can make a splash with your members
Features
Boutique trends
They’re young, they’re female and they like working out on Tuesdays. Lizzie Broughton, insights manager at ukactive, outlines the results of the organisation’s first survey of the boutique fitness market
Features
ukactive
Following the ActiveLab Live! finale at the recent Active Uprising conference, we take a look at startups seeking to solve some of society’s biggest challenges through technology designed to get people active
Features
Design
Soho House has opened one of the most high-end gyms in London. Kath Hudson finds out more
Features
Tech
Providing customers with the best member experience, while maximising revenue, is vital. We look at the latest in customer centric payment solutions
Features
People
New concept
This is a forgotten generation and the business case is irrefutable. Over-50s now make up nearly half of the population, and they have the highest disposable income of any group
People
People profile
We develop a community feel by partnering people up in classes and running social events and monthly challenges
People
Profile
With Anytime Fitness, all clubs are available to members, so whatever your lifestyle and wherever you’re travelling, there’ll be an Anytime Fitness location nearby that you can use
People
People profile
I love that CycleBar encourages a community while not taking itself too seriously. We want our riders to have a great time while they’re making positive choices for their fitness
People
Interview
We aim to establish The Mirai as a ‘fitness tourism’ attraction, to reinvigorate facilities in the region, enrich the broader fitness market and provide more people with access to fitness
People
People profile
There are lots of players in the yoga market, but many are small independent studios. We aim to be the dominant chain. By 2022 we visualise having 100 sites in London (and growth in regional cities)
People
Interview
The 1980s felt like a time of revolution for women. It was a time where they could create their lives with greater freedom and employment opportunities – a time of empowerment. Group fitness brought women to the gym, because they really liked the social aspect of working out in groups - Dr Jackie Mills MD
People
Interview
Six out of seven people in the US don’t exercise. In the meantime, gyms are fighting over the one in seven, trying to convince them their fitness method is better. Me? I want to focus on the six out of seven and try to understand why they don’t work out. People say the LA fitness market is saturated. It isn’t. It’s just everyone’s going after the same people
People
People profile
I’m hugely excited to launch our new two-week Revive programme in Harrods. It’s just the start of the unique programming we’re going to deliver in The Wellness Clinic
People
Opinion
We teach you how to keep customers engaged, make your staff more compelling and increase the value of every customer.
Opinion: Retention Academy 2018: Helping operators improve the customer experience
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Featured suppliers
Featured supplier: ProInsight announcing new partnership with Alive Leisure
Alive Leisure is a charitable company, commissioned in 2014, to manage sport and culture facilities and activities within West Norfolk.
Featured suppliers
Featured supplier: Calling all salon and spa owners!
The Salon & Spa Owners’ Club invites you to Olympia Beauty! Held on Sunday 30 September and Monday 1 October 2018 at Olympia London
Company profiles
Company profile: MiE FitQuest
FitQuest (MiE Medical Research) are specialists in the field of human performance measurement. We have ...
Company profiles
Company profile: Technogym
Founded in 1983, Technogym is a world leading international supplier of technology and design-driven products ...
Directory
Lockers
Safe Space Lockers Ltd: Lockers
Finance
Portman Asset Finance Limited: Finance
Trade associations
International SPA Association - iSPA: Trade associations
Locking solutions
Ojmar: Locking solutions
Spa software
SpaBooker: Spa software
Club management software
Brightlime: Club management software
Audio visual
Lightmasters UK Ltd: Audio visual
Flooring
Total Vibration Solutions Ltd: Flooring
Furniture suppliers
AJ Products: Furniture suppliers
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Property & Tenders
White Rocks, Hastings
GVA
Property & Tenders
Gravesham Borough Council
Property & Tenders
Diary dates
28 Aug - 01 Sep 2018
tbc, Sao Paulo, Brazil
Diary dates
22-23 Sep 2018
Worldwide,
Diary dates
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