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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

$116m raised in Town Sports’ IPO

Town Sports International Holdings Inc. (TSI) – which operates 145 fitness clubs in the US and Switzerland – has begun trading on the Nasdaq exchange, generating proceeds of US$116m (£64m).

TSI announced its initial public offering on 2 June, with 8.95 million shares of common stock being priced at US$13 (£7) per share. The group is selling 7.65 million shares, with the remaining 2.35 million coming from stockholders selling to certain specified purchasers.

TSI operates under the brand names New York Sports Clubs, Boston Sports Clubs, Washington Sports Clubs and Philadelphia Sports Clubs.

It currently operates 142 clubs with around 432,000 members and aims to be ‘the most recognised health club network’ within each of the four cities where it operates.

Town Sports International Holdings Inc. (TSI) – which operates 145 fitness clubs in the US and Switzerland – has begun trading on the Nasdaq exchange, generating proceeds of US$116m (£64m).
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blanknews.gif
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News

$116m raised in Town Sports’ IPO

Town Sports International Holdings Inc. (TSI) – which operates 145 fitness clubs in the US and Switzerland – has begun trading on the Nasdaq exchange, generating proceeds of US$116m (£64m).

TSI announced its initial public offering on 2 June, with 8.95 million shares of common stock being priced at US$13 (£7) per share. The group is selling 7.65 million shares, with the remaining 2.35 million coming from stockholders selling to certain specified purchasers.

TSI operates under the brand names New York Sports Clubs, Boston Sports Clubs, Washington Sports Clubs and Philadelphia Sports Clubs.

It currently operates 142 clubs with around 432,000 members and aims to be ‘the most recognised health club network’ within each of the four cities where it operates.

Town Sports International Holdings Inc. (TSI) – which operates 145 fitness clubs in the US and Switzerland – has begun trading on the Nasdaq exchange, generating proceeds of US$116m (£64m).
HAF,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL
blanknews.gif

News

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HCM Magazine
Sponsored
Technogym introduced live and on-demand functionality to Mywellness in July. Here we find out more about operators who have adopted this solution
HCM Magazine
News report
A new study from the Global Wellness Institute highlights the scope of the $121bn mental wellness market, as Katie Barnes and Megan Whitby report
HCM Magazine
HCM People
I’ve been in the industry for a decade and it’s the first time I’ve seen it truly unified from the top to the bottom
HCM Magazine
Active ageing
With many older people in crisis due to the pandemic, ukactive’s head of health and wellbeing development, Kenny Butler, explains why the organisation is launching an active ageing consultation and how you can get involved
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The science shows being fit mitigates against COVID-19. We’ve proven we can operate safely under the SAGE COVID-secure Framework. Time to join it up by securing essential service status
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FREE WEBINAR
promotion
This free webinar on 26 January will see our panellists reflect on the changes to work in 2020, and their priorities for 2021.
Opinion: 2021 is the year to prioritise global culture
Featured supplier news
Featured supplier: Storytelling - the future of fitness content
Heading into 2021, storytelling will be a key trend among fitness content creators and connected fitness providers, as the industry recognises its potential to unlock ultra- engaging experiences that boost retention.
Featured supplier news
Featured supplier: What does a socially distanced leisure centre and health club look like?
The world has had to get used to social distancing in 2020 and any business operating in the leisure and hospitality sectors has had to face this challenge more than most.
Video Gallery
CPASE creates unforgettable luxury member experience at new boutique club with Technogym
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Technogym has equipped Clare Stobart's new boutique health club – CPASE. Read more
More videos:
Company profiles
Company profile: Wexer
Our mission at Wexer is to make world-class exercise accessible to everyone by harnessing the ...
Company profiles
Company profile: IONTO Health & Beauty GmbH
IONTO-COMED offers a wide range of treatment beds offering maximum flexibility and the symbiosis of ...
Supplier Showcases
Supplier showcase - Egym: Game changer
Catalogue Gallery
Click on a catalogue to view it online
Directory
Management software
fibodo Limited: Management software
Fitness Software
FunXtion International BV: Fitness Software
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Member feedback software
AskNicely: Member feedback software
Software
Volution.fit: Software
Fitness equipment
TRX Training: Fitness equipment
Spa software
SpaBooker: Spa software
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Trade associations
International SPA Association - iSPA: Trade associations
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Property & Tenders
11 - 25 Union St, London SE1 1SD
Bankside Open Spaces Trust
Property & Tenders
Waltham Abbey, Essex
Lee Valley Regional Park Authority
Property & Tenders
Diary dates
02-04 Feb 2021
Ericsson Exhibition Hall, Ricoh Arena, Coventry, United Kingdom
Diary dates
23-26 Feb 2021
IFEMA, Madrid, Spain
Diary dates
03-04 Mar 2021
NEC, Birmingham, United Kingdom
Diary dates
03-06 Jun 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
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tbc, Dunedin, New Zealand
Diary dates
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Les Mills
Les Mills