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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

énergie Group powers past £500k crowdfunding target

The énergie Group has shot past its £500,000 target on Crowdcube, reaching the milestone with a whole week to spare.

The gym chain, which has 93 fitness clubs trading across the UK and Europe, was swamped with interest from investors eager to grab a slice of the 3.23 per cent equity on offer, against a company valuation of £15m.

The company has now opted to overfund for the remainder of its listing, with additional equity available until 30 May. énergie Group chair and CEO Jan Spaticchia told Health Club Management the firm was “delighted” to have reached the target with time to spare and said that the board had taken the decision to overfund as a number of potential investors were still eager to buy in and had been planning to do so in the final week of the fund.

The fund was driven by a number of high-profile investors, chief among these being serial entrepreneur Lara Morgan, who bought a £100,000 stake in the business. Morgan, who founded toiletries distributor Pacific Direct before later selling her majority stake for £20m, is an avid triathlete with a passion for fitness.

“I only consider investing in businesses that are ethical and which make a difference to people’s lives,” said Morgan, who has holdings in leisure firms including KitBrix, Activbod and Dryrobe.

“I’m convinced that énergie has the capability both to meet its ambitious growth targets and to help many thousands of people lead a more active and healthier life.”

Besides Morgan, énergie is understood to have attracted investment from a number of high profile leisure industry figures, including former ukactive CEO David Stalker. The high-profile industry endorsements come just weeks after it was announced that original énergie investor and leisure grandee Steve Philpott had joined the company’s board. Philpott and the rest of the énergie board, including Spaticchia, have all reinvested via the Crowdcube listing.

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The énergie Group has shot past its £500,000 target on Crowdcube, reaching the milestone with a whole week to spare.
HAF,FIT,IND,PHR
THUMB10818_369173.jpg
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Jimmy had the brilliant idea to put the logos of all of the current cycling brands in and around NYC onto a piece of paper and we handed it to the investor at the end of our presentation. Then we handed a blank piece of paper and referenced that this was the current number of cool fitness concepts in the world and how we would like the investor to help us fill that page. A day later he wrote us a cheque
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News

énergie Group powers past £500k crowdfunding target

The énergie Group has shot past its £500,000 target on Crowdcube, reaching the milestone with a whole week to spare.

The gym chain, which has 93 fitness clubs trading across the UK and Europe, was swamped with interest from investors eager to grab a slice of the 3.23 per cent equity on offer, against a company valuation of £15m.

The company has now opted to overfund for the remainder of its listing, with additional equity available until 30 May. énergie Group chair and CEO Jan Spaticchia told Health Club Management the firm was “delighted” to have reached the target with time to spare and said that the board had taken the decision to overfund as a number of potential investors were still eager to buy in and had been planning to do so in the final week of the fund.

The fund was driven by a number of high-profile investors, chief among these being serial entrepreneur Lara Morgan, who bought a £100,000 stake in the business. Morgan, who founded toiletries distributor Pacific Direct before later selling her majority stake for £20m, is an avid triathlete with a passion for fitness.

“I only consider investing in businesses that are ethical and which make a difference to people’s lives,” said Morgan, who has holdings in leisure firms including KitBrix, Activbod and Dryrobe.

“I’m convinced that énergie has the capability both to meet its ambitious growth targets and to help many thousands of people lead a more active and healthier life.”

Besides Morgan, énergie is understood to have attracted investment from a number of high profile leisure industry figures, including former ukactive CEO David Stalker. The high-profile industry endorsements come just weeks after it was announced that original énergie investor and leisure grandee Steve Philpott had joined the company’s board. Philpott and the rest of the énergie board, including Spaticchia, have all reinvested via the Crowdcube listing.

Sign up for FREE ezines & magazines
The énergie Group has shot past its £500,000 target on Crowdcube, reaching the milestone with a whole week to spare.
HAF,FIT,IND,PHR
THUMB10818_369173.jpg

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FIBO China
The online to offline model – where businesses build an audience through a slick digital presence and then channel them towards physical sites – is highly popular in China and made possible by the ubiquity of WeChat
Features
feature
Technogym’s SKILLRUN now comes in different versions to suit different users’ workout needs
Features
Flooring
Thanks to the rise in popularity of functional zones, there’s been an increased call for turf. We take a look at some of the turf products being installed
Features
Gen Z
Gen Z has come of age, and is engaging with fitness in new ways. We look at how health clubs can appeal to this young, tech-savvy and value-conscious age group
Features
Promotional feature
Premier Global NASM has introduced a Nutrition Certification course to help fitness professionals give their clients the tools to achieve long-lasting, healthy behaviours
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Lauren Heath-Jones rounds up the latest product launches in health and fitness
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Personal trainers play a key role in the gym environment, helping members to achieve their fitness goals. But are the current training models allowing them to do this in the best possible way? Or could they be doing more? We ask our panel of experts
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Jimmy had the brilliant idea to put the logos of all of the current cycling brands in and around NYC onto a piece of paper and we handed it to the investor at the end of our presentation. Then we handed a blank piece of paper and referenced that this was the current number of cool fitness concepts in the world and how we would like the investor to help us fill that page. A day later he wrote us a cheque
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POST YOUR JOB
Featured supplier news
Featured supplier: Join FitNation - the new fitness congress about innovation
FitNation, the new premier event about innovation in the fitness industry, will kick-off in Amsterdam on 4 October.
Featured supplier news
Featured supplier: FunXtion launch Online Coaching; helping PT’s work effectively, efficiently and increase client contact time
FunXtion has introduced its new Online Coaching Tool, an advanced platform with quality content to help personal trainers work more efficiently.
Company profiles
Company profile: Myzone Group Ltd
At Myzone we reward Effort to solve the pervasive problem of ‘diminishing motivation within exercisers’ ...
Company profiles
Company profile: Stages Indoor Cycling
Stages Indoor Cycling is a product and technology company that is 100% focused on creating ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Professional services
Deloitte UK: Professional services
Spa software
SpaBooker: Spa software
Skincare
Comfort Zone - Davines S.p.A: Skincare
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Fitness equipment
Physical Company Ltd: Fitness equipment
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Trade associations
International SPA Association - iSPA: Trade associations
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Audio visual
Hutchison Technologies: Audio visual
Member access schemes
Move GB: Member access schemes
Property & Tenders
Diary dates
21-22 Sep 2019
Locations worldwide,
Diary dates
23-26 Sep 2019
JW Marriott Turnberry Resort & Spa, Miami, United States
Diary dates
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