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Les Mills
Les Mills
Les Mills
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UNITING THE WORLD OF FITNESS
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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1 - 20 of 11,795
HCM Magazine
Sponsored
Red light therapy reinvigorates the body’s energy production processes, leaving users with a marked increase in vitality
HCM Magazine
HCM People
Coming from a personal training background, my experience has taught me that people hire the trainer before the training
HCM Magazine
Research
Tracking consumers’ sentiment in relation to lockdowns gives valuable insights into members’ priorities. Leisure-net surveyed the first two UK lockdowns and is currently working on the third. Dave Monkhouse reports on results from the lockdown 2 survey
HCM Magazine
When Geoff Whitington started to see his life unravel as a result of diabetes, his sons Anthony and Ian gave up their jobs to help him change his lifestyle. This resulted in a new lease of life for all of them. Anthony Whitington, co-creator of BBC documentary, Fixing Dad, speaks to HCM’s Kath Hudson about the journey the family has been on, their mission to inspire others to engage with their health and the launch of new initiative, Fixing Us
HCM Magazine
Research
Resistance training is just as beneficial for women over the age of 50 as it is for men, according to a new study from the University of New South Wales
HCM Magazine
Retention
More than 1,700 industry professionals from 47 different countries joined the virtual Retention Convention recently, making it one of the sector’s largest online events of the year
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Editor's letter
There’s never been a more important time for us all to be focused on lobbying, as the industry fights for its work and potential to be recognised and supported
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Featured supplier news
Featured supplier: Funxtion collaborates with global experts on white paper exploring digital in the future of fitness
In collaboration with ukactive, FunXtion has driven a global discussion with some of the world’s leading fitness operators and influencers, exploring how digitalisation will influence the delivery of fitness services and products moving forwards.
Company profiles
Company profile: Hedgehog Concept Ltd
Ground breaking leisure and fitness club management software. Software that has incisive focus on the ...
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Company profile: Merrithew™ - Leaders in Mindful Movement™
Merrithew™ enriches the lives of others with responsible exercise modalities and innovative, multidisciplinary fitness offerings ...
Supplier Showcases
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Catalogue Gallery
Click on a catalogue to view it online
Directory
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Lockers/interior design
Fitlockers: Lockers/interior design
Trade associations
International SPA Association - iSPA: Trade associations
Red Light Therapy
 Red Light Rising: Red Light Therapy
Exercise equipment
Matrix Fitness: Exercise equipment
Spa software
SpaBooker: Spa software
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Management software
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Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Uniforms
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Property & Tenders
Diary dates
03-04 Mar 2021
NEC, Birmingham, United Kingdom
Diary dates
03-06 Jun 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
12 Jun 2021
Worldwide, Various,
Diary dates
13-14 Jun 2021
Online,
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
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Messe Stuttgart, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
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Les Mills
Les Mills