Les Mills
Les Mills
Les Mills
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Oxygen Freejumping buys Air Space Trampoline

Trampoline park operator Oxygen Freejumping has acquired Air Space Trampoline in a multi-million pound cash deal, bringing its total number of sites to 10.

The purchase is in line with Oxygen Freejumping’s strategy of reaching 20 parks by the end of 2018, and is its first acquisition of a brand in the UK trampoline market, consolidating the sector that has grown from zero to more than 150 sites in the last three years.

Air Space Trampoline, a subsidiary of Go Ape, operates three parks in East Kilbride, Stevenage and Wolverhampton. The parks are in high footfall leisure and retail destinations - areas in which Oxygen Freejumping does not operate.

Oxygen Freejumping was founded in 2014 by Fred Turok, founder of LA Fitness, and David Stalker, former chief executive of ukactive and managing director of Harpers Fitness Clubs.

Stalker, Oxygen Freejumping chief executive, said: “We are delighted to have acquired these three sites and to consolidate our number one position in the UK market. The parks are highly cash generative, conveniently located in high footfall areas and run by highly experienced management teams with a focus on delivering a safe and high quality experience to our customers.

“With UK obesity rates at an all-time high, we are driven by the urgent need to get people moving. Fun, inspiring physical activities in childhood are proven to lead to healthy, happy and active lifestyles in adulthood. Trampolining offers an accessible solution for tackling the childhood inactivity pandemic. Over 1.5 million people have been active at Oxygen alone over the last 18 months and we are committed to providing a wide range of new and fun activities to get the country jumping.”

Funding for the acquisition was provided by NM Capital, a London based private investment company.

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Trampoline park operator Oxygen Freejumping has acquired Air Space Trampoline in a multi- million pound cash deal, bringing its total number of sites to 10.
HAF
THUMB20759_936609.jpg
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News

Oxygen Freejumping buys Air Space Trampoline

Trampoline park operator Oxygen Freejumping has acquired Air Space Trampoline in a multi-million pound cash deal, bringing its total number of sites to 10.

The purchase is in line with Oxygen Freejumping’s strategy of reaching 20 parks by the end of 2018, and is its first acquisition of a brand in the UK trampoline market, consolidating the sector that has grown from zero to more than 150 sites in the last three years.

Air Space Trampoline, a subsidiary of Go Ape, operates three parks in East Kilbride, Stevenage and Wolverhampton. The parks are in high footfall leisure and retail destinations - areas in which Oxygen Freejumping does not operate.

Oxygen Freejumping was founded in 2014 by Fred Turok, founder of LA Fitness, and David Stalker, former chief executive of ukactive and managing director of Harpers Fitness Clubs.

Stalker, Oxygen Freejumping chief executive, said: “We are delighted to have acquired these three sites and to consolidate our number one position in the UK market. The parks are highly cash generative, conveniently located in high footfall areas and run by highly experienced management teams with a focus on delivering a safe and high quality experience to our customers.

“With UK obesity rates at an all-time high, we are driven by the urgent need to get people moving. Fun, inspiring physical activities in childhood are proven to lead to healthy, happy and active lifestyles in adulthood. Trampolining offers an accessible solution for tackling the childhood inactivity pandemic. Over 1.5 million people have been active at Oxygen alone over the last 18 months and we are committed to providing a wide range of new and fun activities to get the country jumping.”

Funding for the acquisition was provided by NM Capital, a London based private investment company.

Sign up for FREE ezines & magazines
Trampoline park operator Oxygen Freejumping has acquired Air Space Trampoline in a multi- million pound cash deal, bringing its total number of sites to 10.
HAF
THUMB20759_936609.jpg

News

Women's fashion magazine Stylist has entered the fitness market by opening a female-only boutique studio
Creating opportunities for older people to get physically active represents a major driver for growth
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Corporate fitness sales specialist Gympass has secured additional financial backing believed to be around US$300m
Three-time National Basketball Association (NBA) Champion Draymond Green has opened his first Blink Fitness gym
Les Mills
Les Mills
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Features
HCM Celebs
I believe we all have untapped potential. And we all need support to achieve our goals. Centr puts the world’s best in the palm of your hand, to help you develop a healthier body, stronger mind, and a happier life - CHRIS HEMSWORTH
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There’s no one thing that will fix your member retention, but clarity of mission, a strong culture and an eye for data will drive significant change. Kate Cracknell reports from this year’s Retention Convention
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Are you optimising HIIT for your members, or are they put off by the pain? Abigail Harris looks at research into ways to better support members towards a positive outcome
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With the increase in popularity of functional training, the floor is increasingly becoming a piece of equipment in itself. Kath Hudson investigates
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Promotional Feature
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These new products offer the market a complete indoor cycling solution. We have indoor bikes that cover both home and commercial fitness sectors, and user groups from general health and fitness, to elite sport - Richard Baker, CEO, Wattbike
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Variety and flexibility for the customer is the key to retention, says MoveGB
What really drives customer retention in 2019? Is it proactive customer care? Frequency of attendance? Added value provision? Community building? Across the industry, debate on this topic never stops. And neither does market change.
Featured supplier news
Featured supplier: Crown overhaul changing rooms at Saunton Sands spa
Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and wellness facilities.
Opinion
promotion
Member retention is a growing problem for long-established gym chains, who are battling the growing budget and boutique gym market.
Opinion: Are you trying to beat budget gyms at their own game?
Video Gallery
Nautilus - Glute Drive
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More videos:
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Catalogue Gallery
Click on a catalogue to view it online
Directory
Architects/designers
Zynk Design Consultants: Architects/designers
Spa software
ResortSuite: Spa software
Management software
GymSales: Management software
Exercise equipment
EXF Fitness Equipment: Exercise equipment
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Fitness equipment
FunXtion International BV: Fitness equipment
Member access schemes
Move GB: Member access schemes
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Lockers/interior design
Safe Space Lockers Ltd: Lockers/interior design
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Property & Tenders
Will to Win
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Diary dates
26-27 Jun 2019
Villa Park, Birmingham, United Kingdom
Diary dates
06-07 Jul 2019
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Diary dates
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Les Mills
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