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Buyout still on the table for Holmes Place
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Holmes Place has announced that discussions with a private equity company, believed to be Bridgepoint Capital, are continuing, with a view to an offer being made for the company.
The health club operator announced on 10 January that it had entered into exclusivity arrangements regarding a management buyout involving Allan Fisher, chief executive and Lee Ginsberg, deputy chief executive and finance director.
The discussions are being conducted by the committee of independent directors of Holmes Place, which, in the light of their involvement, does not include Fisher or Ginsberg.
Holmes Place has announced that discussions with a private equity company, believed to be Bridgepoint Capital, are continuing, with a view to an offer being made for the company.
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