Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab
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

Bidders line up with offers for Pure Gym

Bidders have reportedly tabled offers for the UK’s biggest health and fitness group Pure Gym after the deadline closed on Thursday (21 September).

KKR is among a group of investors interested in what is believed to be “a £600m-plus [US$808.5m, €684m] auction” of the fitness chain, according to Sky News.

The potential sale of Pure Gym, which has 180 clubs nationwide, comes a year after the company abandoned an initial public offering (IPO).

In September 2016, Humphrey Cobbold, Pure Gym chief executive, said the operator was “ready to become a listed company” and that it would be using the IPO to raise £190m (US$237m, €220.6m). However, a month later Cobbold told Health Club Management that it had withdrawn its plans due to challenging market conditions.

The abandoned IPO cost the group £6.8m (US$8.48m, €7.9m).

US private equity firm CCMP Capital Advisors has been a controlling shareholder of the chain since 2013.

Pure Gym declined to comment.

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Bidders have reportedly tabled offers for the UK’s biggest health and fitness group Pure Gym after the deadline closed on Thursday (21 September).
HAF
THUMB14158_137373.jpg
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In last month’s issue we grilled operators about what makes the best indoor cycling class, and they agreed instructors play a crucial part in the overall class experience. Now we’re asking the experts on the frontline for their thoughts on what makes indoor cycling such a phenomenon
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The 2019 Moving Communities report highlighted that the silver pound could drive significant growth in public leisure. Operators are capitalising on this potential revenue stream, but uptake is slow. Utku Topraksevten investigates
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If you think of school leavers when you think of apprentices, think again. Apprenticeships are far from limited to career starters, with new generation programmes tailor-made to bring out the best in accomplished managers
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People
HCM people

Rachael Blumberg

Platefit: creator and founder
People know yoga, Pilates, HIIT and Barry’s Bootcamp, but many don’t know vibration training and it’s my intention, passion and purpose to make it available and bring it to the world
People
One of the opportunities we’re looking at is in London. The location doesn’t suit a low-cost gym, but would suit a boutique-style model. - John Oxley
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José Teixeira

SC Fitness, Portugal: head of customer experience
People often assume that those who pay more stay longer, but we don’t see this. What we see is that if you have PT you stay longer because you use more, not because you pay more
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News

Bidders line up with offers for Pure Gym

Bidders have reportedly tabled offers for the UK’s biggest health and fitness group Pure Gym after the deadline closed on Thursday (21 September).

KKR is among a group of investors interested in what is believed to be “a £600m-plus [US$808.5m, €684m] auction” of the fitness chain, according to Sky News.

The potential sale of Pure Gym, which has 180 clubs nationwide, comes a year after the company abandoned an initial public offering (IPO).

In September 2016, Humphrey Cobbold, Pure Gym chief executive, said the operator was “ready to become a listed company” and that it would be using the IPO to raise £190m (US$237m, €220.6m). However, a month later Cobbold told Health Club Management that it had withdrawn its plans due to challenging market conditions.

The abandoned IPO cost the group £6.8m (US$8.48m, €7.9m).

US private equity firm CCMP Capital Advisors has been a controlling shareholder of the chain since 2013.

Pure Gym declined to comment.

Sign up for FREE ezines & magazines
Bidders have reportedly tabled offers for the UK’s biggest health and fitness group Pure Gym after the deadline closed on Thursday (21 September).
HAF
THUMB14158_137373.jpg

News

Life Leisure is expanding its facility portfolio with the launch of an independent boutique fitness
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Les Mills
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1 - 15 of 11,175
Features
Cycling
In last month’s issue we grilled operators about what makes the best indoor cycling class, and they agreed instructors play a crucial part in the overall class experience. Now we’re asking the experts on the frontline for their thoughts on what makes indoor cycling such a phenomenon
Features
feature
A partnership between Pure Gym and BLK BOX is challenging the low-cost model
Features
Thought leaders
Equinox and SoulCycle became mired in controversy recently, when the CEO and majority shareholder of their parent company hosted a fundraiser for President Trump’s re-election. What's the way forward for these brands and what can we learn from this furore? Kath Hudson asks the thought leaders
Features
Supplier showcase

Precor and Matrix share their latest operator case studies
Features
feature
Legend Leisure Services has delivered an elegant website solution for ANGUSalive
Features
Active ageing
The 2019 Moving Communities report highlighted that the silver pound could drive significant growth in public leisure. Operators are capitalising on this potential revenue stream, but uptake is slow. Utku Topraksevten investigates
Features
feature
If you think of school leavers when you think of apprentices, think again. Apprenticeships are far from limited to career starters, with new generation programmes tailor-made to bring out the best in accomplished managers
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Rachael Blumberg

Platefit: creator and founder
People know yoga, Pilates, HIIT and Barry’s Bootcamp, but many don’t know vibration training and it’s my intention, passion and purpose to make it available and bring it to the world
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José Teixeira

SC Fitness, Portugal: head of customer experience
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Founder, R-FITNESS
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Because of our strong focus on community and inclusivity our members really do range from unemployed, and even homeless, to CEOs and board members of major institutions and celebrities
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Elodie Garamond

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We now have eight sites and offer retreats, such as a retreat in a Moroccan palace and a French chateaux-based yin yoga and writing retreat
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Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Who does your brand belong to?
Who does your brand belong to? There used to be only one answer to this question: the company that grew it and invested in it.
Featured supplier news
Featured supplier: Wattbike Studio makes lasting impact on business at Holme Pierrepont
Since installing its new Wattbike indoor cycling studio last year, Holme Pierrepont Country Park, a Serco Leisure site that’s the home of the National Water Sports Centre, has seen a significant increase in cycle studio usage.
Company profiles
Company profile: Eleiko
We build upon our six-decade legacy in weightlifting, fuelled by our unwavering commitment to innovation, ...
Company profiles
Company profile: EMD UK
EMD UK is the national governing body for group exercise. Funded by Sport England, EMD ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Audio visual
Hutchison Technologies: Audio visual
Exercise equipment
Matrix Fitness: Exercise equipment
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Trade associations
International SPA Association - iSPA: Trade associations
Professional services
Deloitte UK: Professional services
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
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Octane Fitness: Fitness equipment
Lockers/interior design
Fitlockers: Lockers/interior design
Locking solutions
Ojmar: Locking solutions
Property & Tenders
Diary dates
10-12 Dec 2019
tbc, Fort Lauderdale, United States
Diary dates
21-23 Jan 2020
Harrogate Convention Centre, Harrogate, United Kingdom
Diary dates
28-30 Jan 2020
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Diary dates
29-30 Jan 2020
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Zimmer MedizinSysteme GmbH / icelab
Zimmer MedizinSysteme GmbH / icelab