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Technogym
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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

Equinox to expand after winning backing from private equity firm

L Catterton, the world’s largest consumer-focused private equity firm, has bought a minority stake in luxury gym chain Equinox.

New York-based Equinox operates 89 clubs in major cities around the US, as well as sites in Canada and London.

Funding from the investment will see the chain attempt to grow its global footprint with further clubs.

It becomes the latest health, fitness and wellness investment made by L Catterton, which has made more than 150 investments in consumer brands and allocates more than US$14bn (£10.8bn, €12bn) in equity capital toward growing “middle-market companies and emerging high-growth enterprises”.

SweatyBetty, the high-end female sportswear company, Pure Barre and Bodytech are among the organisations to have sold equity to L Catterton in exchange for investment.

The former two have rapidly expanded their number of health clubs in the US and Latin America since they partnered with L Catterton.

Equinox is also growing, with two new clubs in London and one in Connecticut scheduled for 2019.

Harvey Spevak, executive chair and managing partner of Equinox, said the boutique gym chain “has never been in greater demand” and will use the investment to “expand globally”.

"The fitness sector continues to see unprecedented growth as consumers prioritise health and wellness" Explains Michael Chu, Global Co-CEO of L Catterton.

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L Catterton, the world’s largest consumer-focused private equity firm, has bought a minority stake in luxury gym chain Equinox.
HAF
THUMB20605_165563.jpg
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The fitness industry has shown incredible flexibility during lockdown, pivoting to digital to keep people active. But as lockdowns end, we ask what impact the pandemic will have on facility provision
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Statistics
More than 65,000 people responded to a survey designed to gauge what members want and expect from the sector after lockdown, as Leisure-net’s Dave Monkhouse reports
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Balance training is set to become a major fitness trend, with exercisers increasingly appreciating the benefits of having a strong core and good balance, particularly as they age. Lauren Health-Jones rounds up the latest product releases
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feature
As the health and fitness industry gears up for reopening, Caroline Constantine, MD of Right Directions, shares critical guidance about safe operating procedures
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People
HCM people

Aaron Smith

Founder, KX Pilates
‘KX’ stands for ‘the Kaizen Experience’, which means ‘change for the better’ in Japanese. It’s a philosophy that focuses on continuous improvement. We’re always seeking to improve, not only as a company but as individuals
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The level of tension in the business around continually pushing things on to another level again is energising, and sometimes exhausting. That tallies with me. I don’t like to sit back
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Ben Lucas

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We advise our Flow Athletes to complete classes at a ratio of one yoga class to one strength class to one cardio class. This combination has very positive effects
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News

Equinox to expand after winning backing from private equity firm

L Catterton, the world’s largest consumer-focused private equity firm, has bought a minority stake in luxury gym chain Equinox.

New York-based Equinox operates 89 clubs in major cities around the US, as well as sites in Canada and London.

Funding from the investment will see the chain attempt to grow its global footprint with further clubs.

It becomes the latest health, fitness and wellness investment made by L Catterton, which has made more than 150 investments in consumer brands and allocates more than US$14bn (£10.8bn, €12bn) in equity capital toward growing “middle-market companies and emerging high-growth enterprises”.

SweatyBetty, the high-end female sportswear company, Pure Barre and Bodytech are among the organisations to have sold equity to L Catterton in exchange for investment.

The former two have rapidly expanded their number of health clubs in the US and Latin America since they partnered with L Catterton.

Equinox is also growing, with two new clubs in London and one in Connecticut scheduled for 2019.

Harvey Spevak, executive chair and managing partner of Equinox, said the boutique gym chain “has never been in greater demand” and will use the investment to “expand globally”.

"The fitness sector continues to see unprecedented growth as consumers prioritise health and wellness" Explains Michael Chu, Global Co-CEO of L Catterton.

Sign up for FREE ezines & magazines
L Catterton, the world’s largest consumer-focused private equity firm, has bought a minority stake in luxury gym chain Equinox.
HAF
THUMB20605_165563.jpg

News

Technogym has announced the launch of live and on-demand classes. The new content will be
Prime Minister Boris Johnson has announced that gyms will be able to reopen in a
UK consumer confidence has improved significantly since the beginning of the lockdown, with a fifth
The PGA Tour has recently bought 1,000 Whoop bands for its golfers, after PGA Tour
ukactive has announced that Active Uprising and the National Summit are going digital as part
Industry body ukactive has today (1 July) hosted a delegation of government and public health
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Innovatise, the company behind myFitApp, today announced the immediate availability of its customer-branded live-streaming solution.
Health and fitness company Ingesport – which operates the GO fit chain of gyms in
Mountainside Fitness in Arizona has filed a lawsuit against state's governor, Doug Ducey, after he
Physical activity levels in England have continued to fall from those recorded at the initial
Franchise operator Club Pilates has shown that there is growing confidence in the US fitness
Fitness and athletic apparel firm Lululemon will acquire at-home fitness tech firm Mirror in a
Gymbox has broken ranks and announced it will reopen all its gyms on 4 July,
Focus Training
Focus Training
Fitness expert and television host, Jessie Pavelka has collaborated with Fisikal, experts in digital management
Stretching and fitness chain Topstretching has opened a large gym and studio on Palm Jumeirah
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A large-scale academic study has concluded that there is "no threat of increased COVID-19 spread"
EMD UK
EMD UK
1 - 15 of 11,498
Features
Talking Point
The fitness industry has shown incredible flexibility during lockdown, pivoting to digital to keep people active. But as lockdowns end, we ask what impact the pandemic will have on facility provision
Features
Strength
It’s considered a fundamental part of our fitness routines by medical professionals, but many exercisers, particularly women, are still put off by strength training. We asked leading suppliers what they’re doing to champion strength
Features
Supplier showcase
Working with Precor, Aberdeen Sports Village has undergone a £500k overhaul to strengthen the user experience and put digital connectivity at the core of its offering
Features
Supplier showcase
Bannatyne has driven member engagement with Les Mills during the lockdown
Features
Statistics
More than 65,000 people responded to a survey designed to gauge what members want and expect from the sector after lockdown, as Leisure-net’s Dave Monkhouse reports
Features
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Balance training is set to become a major fitness trend, with exercisers increasingly appreciating the benefits of having a strong core and good balance, particularly as they age. Lauren Health-Jones rounds up the latest product releases
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feature
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People
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Aaron Smith

Founder, KX Pilates
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People
The level of tension in the business around continually pushing things on to another level again is energising, and sometimes exhausting. That tallies with me. I don’t like to sit back
People
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Professor Zhen Yan

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Featured supplier news
Featured supplier: Fisikal chosen as tech partner for ‘JP4’; new health app from fitness expert, Jessie Pavelka
Fitness expert and television host, Jessie Pavelka has collaborated with Fisikal, experts in digital management solutions, to create the new JP4 app, a premium 12-week personal health and fitness transformation programme that takes the user on a journey of change through four key elements of health.
Featured supplier news
Featured supplier: myFitApp launches branded live-streaming as part of its COVID-19 support package
Innovatise, the company behind myFitApp, has announced the immediate availability of its customer- branded live-streaming solution.
Video Gallery
Technogym mywellness app
Technogym
Improve your training experience. All your data in a single app. Read more
More videos:
Company profiles
Company profile: Matrix Fitness
At Matrix Fitness, our goal is to make innovative commercial fitness equipment that stands out ...
Company profiles
Company profile: Legend Club Management Systems (UK) Ltd
Legend provides the leading software solution for driving improvements in leisure operations. We deliver savings ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Locking solutions
Monster Padlocks: Locking solutions
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Design consultants
Zynk Design Consultants: Design consultants
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Fitness Software
FunXtion International BV: Fitness Software
Trade associations
International SPA Association - iSPA: Trade associations
Spa software
SpaBooker: Spa software
Fitness equipment
Stages Cycling: Fitness equipment
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Skincare
Comfort Zone - Davines S.p.A: Skincare
Property & Tenders
Greywell, Hampshire
Barnsgrove Health and Wellness Club
Property & Tenders
Derby City Council
Property & Tenders
Diary dates
06-07 Jul 2020
Eastwood Hall, Nottingham, United Kingdom
Diary dates
28-31 Aug 2020
Expo Centre & Riviera di Rimini, Italy
Diary dates
21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
Diary dates
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Diary dates
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Diary dates
17-23 Oct 2020
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Diary dates
27-30 Oct 2020
Messe Stuttgart, Germany
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Diary dates
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