Latest
issue
GET HCM
magazine
Sign up for the FREE digital edition of HCM magazine and also get the HCM ezine and breaking news email alerts.
Not right now, thanksclose this window I've already subscribed!
Elevate
Elevate
Elevate
Follow Health Club Management on Twitter Like Health Club Management on Facebook Join the discussion with Health Club Management on LinkedIn
FITNESS, HEALTH, WELLNESS

Latest news

Pure Gym sold to US investment firm LGP

We’ve been incredibly impressed by the business that Humphrey and the team at Pure Gym have built over the past few years and believe that the business has tremendous potential for the future
– Kris Galashan, partner, LGP

US buyout firm Leonard Green & Partners has won a two-month bidding contest for Pure Gym.

The private equity shop, which jointly owns Topshop with Sir Philip Green, announced in a statement today (3 November) that it will acquire a controlling interest in the UK gym operator, replacing current majority shareholder and US private equity firm CCMP Capital Advisors.

CCMP bought a majority stake in the business in May 2013 but will no longer retain an interest.

While details of the deal have not been disclosed, it was confirmed that it is scheduled to be completed by the end of the November. Ahead of the announcement, Sky News reported that the deal would be worth £600m (US$783.96m, €673.19m).

Yesterday’s final round of bids followed a first round in September, with reports listing other interested parties as Goldman Sachs Private Equity, Pamplona and Providence.

The sale of Pure Gym, which has 189 clubs nationwide and 950,000 members, comes a year after the company abandoned an initial public offering (IPO).

“We’re absolutely delighted to be entering into a new partnership with Leonard Green & Partners, whose investment confirms the growth potential of our business,” said Pure Gym CEO Humphrey Cobbold.

“They have some big brands in their portfolio and an excellent track record of investing in the leisure and fitness industry.

Cobbold thanked CCMP for its support and promised further growth. “CCMP have been an incredibly supportive partner and played a vital role in Pure Gym’s development over the last four years,” he said.

“The management team and I look forward to working with LGP to continue our momentum and to keep offering affordable, flexible and high-quality gyms to our members across the UK.”

Kris Galashan, partner at LGP, said: “Over the years we’ve made numerous investments in the gym and fitness area and we’re very excited to be extending our involvement in the industry through this investment in Pure Gym.

“We’ve been incredibly impressed by the business that Humphrey and the team at Pure Gym have built over the past few years and believe that the business has tremendous potential for the future.”

The deal was advised by investment banks Jefferies International Limited and Harris Williams & Co, with legal advice from Ropes & Gray.

US buyout firm Leonard Green & Partners has won a two-month bidding contest for Pure Gym.
HAF
THUMB22759_71255.jpg
Latest News
Following the success of its first site in Whitefield, Total Fitness is launching a purpose-built ...
Latest News
David Beckham and F45 Training have finally settled the breach-of-contract lawsuit around Beckham’s ambassadorial agreement ...
Latest News
Apple has previewed the upcoming watchOS 11, which has more health and fitness insights and ...
Latest News
With just a few weeks until the General Election, CIMSPA – the organisation that represents people ...
Latest News
Co-founders of specialist gym and fitness wear company, WIT Fitness, have returned to the brand ...
Latest News
Basic-Fit has signed an agreement to sell five Holmes Place clubs it acquired as part ...
Latest News
The UK health and fitness is performing well, especially the private sector, with member numbers, ...
Latest News
David Lloyd Leisure has opened the doors of Madrid country club, La Finca, which it ...
HCM promotional features
Sponsored
Technogym has helped us transform the gym into a world-class space that reflects our ethos of combining performance and community
HCM promotional features
Sponsored
We all know we need to stand more. Now an exciting new partnership between Physical and Teca Fitness expands this thinking into UK gyms and beyond
HCM promotional features
Sponsored
At the heart of the Sydney Swans new headquarters in Australia is an elite player-focused training facility by strength equipment specialist BLK BOX
HCM promotional features
Sponsored
Sustainability in the fitness industry is coming on in leaps and bounds as more operators refurbish their gym equipment to save money and the planet
HCM promotional features
Sponsored
Life Fitness has reimagined cardio with the launch of its Symbio line which has been designed with advanced biomechanics and offers deep levels of customisation
HCM promotional features
Sponsored
Coaching workshops from Keith Smith and Adam Daniel have been designed to empower your team and transform your service
HCM promotional features
Sponsored
The partnership between PureGym and Belfast-based supplier BLK BOX is transforming the gym floor
HCM promotional features
Sponsored
Nuffield Health has worked with ServiceSport UK for more than ten years, ensuring the equipment in its clubs is commercially optimised
HCM promotional features
Sponsored
Francesca Cooper-Boden says health assessment services can boost health club retention
HCM promotional features
HCM magazine
AI has the potential to support people in making healthy lifestyle changes if its algorithms can be updated to understand the different stages of motivation, as Jodi Heckel reports
HCM magazine
When retailer, the €11 billion-a-year Colruyt Group, decided to get into the health club market, the plan was to fully integrate its entire business using customer insight data. The results are remarkable
HCM magazine
From payments to virtual classes, software integrations can take your operation to the next level. Providers tell us about their most in-demand offerings
HCM magazine
Immediate rewards can motivate people to exercise more, according to new research, reports Kath Hudson
HCM magazine
HCM People

Mariah Rooney

Founder, Trauma Informed Weight Lifting
When people experience early life trauma it impacts their bodies and nervous systems. I became curious about how lifting weights could help them have the experience of strength
Featured supplier news
Featured supplier news: Elevate announces new aquatics and active kids theatres for 2024 event
The Royal Life Saving Society UK (RLSS UK), the Swimming Teachers Association (STA), and Swim England have teamed up to sponsor an aquatic theatre at Elevate 2024.
Featured supplier news
Featured supplier news: Explosion of passion for fitness at RiminiWellness 2024 and record success for Panatta
The passion for fitness and bodybuilding reached new heights at the Panatta stands during RiminiWellness (30 May – 2 June 20204) – the largest fitness event in Italy – which this year exceeded the 100,000 visitor mark.
Company profiles
Company profile: MyFitApp
Innovatise’s myFitApp is an open, flexible, hybrid fitness platform. Gyms, leisure centres and health clubs ...
Company profiles
Company profile: Active IQ
The UK’s leading Ofqual-recognised awarding organisation for the physical activity sector, we offer over 100 ...
Supplier Showcases
Supplier showcase - Safe Space: Delivering the vision
Catalogue Gallery
Click on a catalogue to view it online
Featured press releases
GYMNATION press release: GymNation celebrates double victory at UAE Employee Happiness Awards
GymNation, the UAE’s largest gym chain, is proud to announce its outstanding achievements at the UAE Employee Happiness Awards.
Featured press releases
seca Ltd press release: Seca Tru and Physical bring best-in-class body composition analysis to gyms
Seca Tru is delighted to announce a new UK partnership with fitness market leader Physical. The agreement will see Physical distribute the Seca Tru product across the breadth of the UK fitness industry.
Directory
Cryotherapy
Art of Cryo: Cryotherapy
Lockers
Fitlockers: Lockers
Snowroom
TechnoAlpin SpA: Snowroom
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
salt therapy products
Saltability: salt therapy products
Spa software
SpaBooker: Spa software
Property & Tenders
Cleveland Lakes, Wiltshire and Gloucestershire
Cotswold Lakes Trust
Property & Tenders
Loughton, IG10
Knight Frank
Property & Tenders
Diary dates
03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
Diary dates
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
Diary dates
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
Diary dates
20-22 Sep 2024
Locations worldwide,
Diary dates
01-04 Oct 2024
REVĪVŌ Wellness Resort Nusa Dua Bali, Kabupaten Badung, Indonesia
Diary dates
09-13 Oct 2024
Soneva Fushi, Maldives
Diary dates
10 Oct 2024
QEII Conference Centre, London,
Diary dates
22-25 Oct 2024
Messe Stuttgart, Germany
Diary dates
24-24 Oct 2024
QEII Conference Centre, London, United Kingdom
Diary dates
04-07 Nov 2024
In person, St Andrews, United Kingdom
Diary dates
04-06 Feb 2025
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
11-13 Feb 2025
Fairmont Riyadh , Saudi Arabia
Diary dates
10-13 Apr 2025
Exhibition Centre , Cologne, Germany
Diary dates
07-07 Jun 2025
Worldwide, Various,
Diary dates
28-31 Oct 2025
Koelnmesse, Cologne, Germany
Diary dates

Latest news

Pure Gym sold to US investment firm LGP

We’ve been incredibly impressed by the business that Humphrey and the team at Pure Gym have built over the past few years and believe that the business has tremendous potential for the future
– Kris Galashan, partner, LGP

US buyout firm Leonard Green & Partners has won a two-month bidding contest for Pure Gym.

The private equity shop, which jointly owns Topshop with Sir Philip Green, announced in a statement today (3 November) that it will acquire a controlling interest in the UK gym operator, replacing current majority shareholder and US private equity firm CCMP Capital Advisors.

CCMP bought a majority stake in the business in May 2013 but will no longer retain an interest.

While details of the deal have not been disclosed, it was confirmed that it is scheduled to be completed by the end of the November. Ahead of the announcement, Sky News reported that the deal would be worth £600m (US$783.96m, €673.19m).

Yesterday’s final round of bids followed a first round in September, with reports listing other interested parties as Goldman Sachs Private Equity, Pamplona and Providence.

The sale of Pure Gym, which has 189 clubs nationwide and 950,000 members, comes a year after the company abandoned an initial public offering (IPO).

“We’re absolutely delighted to be entering into a new partnership with Leonard Green & Partners, whose investment confirms the growth potential of our business,” said Pure Gym CEO Humphrey Cobbold.

“They have some big brands in their portfolio and an excellent track record of investing in the leisure and fitness industry.

Cobbold thanked CCMP for its support and promised further growth. “CCMP have been an incredibly supportive partner and played a vital role in Pure Gym’s development over the last four years,” he said.

“The management team and I look forward to working with LGP to continue our momentum and to keep offering affordable, flexible and high-quality gyms to our members across the UK.”

Kris Galashan, partner at LGP, said: “Over the years we’ve made numerous investments in the gym and fitness area and we’re very excited to be extending our involvement in the industry through this investment in Pure Gym.

“We’ve been incredibly impressed by the business that Humphrey and the team at Pure Gym have built over the past few years and believe that the business has tremendous potential for the future.”

The deal was advised by investment banks Jefferies International Limited and Harris Williams & Co, with legal advice from Ropes & Gray.

US buyout firm Leonard Green & Partners has won a two-month bidding contest for Pure Gym.
HAF
THUMB22759_71255.jpg

Latest news

Following the success of its first site in Whitefield, Total Fitness is launching a purpose-built
David Beckham and F45 Training have finally settled the breach-of-contract lawsuit around Beckham’s ambassadorial agreement
Apple has previewed the upcoming watchOS 11, which has more health and fitness insights and
With just a few weeks until the General Election, CIMSPA – the organisation that represents people
Co-founders of specialist gym and fitness wear company, WIT Fitness, have returned to the brand
Basic-Fit has signed an agreement to sell five Holmes Place clubs it acquired as part
Alliance Leisure
Alliance Leisure
The UK health and fitness is performing well, especially the private sector, with member numbers,
David Lloyd Leisure has opened the doors of Madrid country club, La Finca, which it
Leisure development specialist, Alliance Leisure, has appointed industry veteran, David Stalker, as advisor to the
According to new research from Ernst & Young, the gap between female and male engagement
Justin Musgrove, CEO of Fitness First UK, has made another tactical move, launching three Les
High-end country club operator, Life Time Group Holdings, has closed a US$40 million sale and
Global Wellness Summit
Global Wellness Summit
The passion for fitness and bodybuilding reached new heights at the Panatta stands during RiminiWellness
In the latest edition of HCM magazine, Mark Tweedie talks about his hopes for the
The Active Czech Foundation hosted its first annual Active Czech Conference earlier this month, in
Planet Fitness is refinancing and taking on securitised debt under its existing securitised financing facility.
The US health and fitness industry is worth US$22.4 billion to the nation’s economy, according
New research shows that following social media health influencers motivates young people to exercise more
The JD Gyms Group has completed a deal to acquire Simply Gym from Bay Leisure.
Innovatise UK Ltd
Innovatise UK Ltd
CoverMe Fitness, the studio management app for the fitness industry, has launched in Australia, with
Women’s health specialist, The Well HQ, has secured 'sweat equity' backing from Priya Oberoi, founder
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan
1 - 20 of 12,300
HCM promotional features
Sponsored
Technogym has helped us transform the gym into a world-class space that reflects our ethos of combining performance and community
HCM promotional features
Sponsored
We all know we need to stand more. Now an exciting new partnership between Physical and Teca Fitness expands this thinking into UK gyms and beyond
HCM promotional features
Sponsored
At the heart of the Sydney Swans new headquarters in Australia is an elite player-focused training facility by strength equipment specialist BLK BOX
HCM promotional features
Sponsored
Sustainability in the fitness industry is coming on in leaps and bounds as more operators refurbish their gym equipment to save money and the planet
HCM promotional features
Sponsored
Life Fitness has reimagined cardio with the launch of its Symbio line which has been designed with advanced biomechanics and offers deep levels of customisation
HCM promotional features
Sponsored
Coaching workshops from Keith Smith and Adam Daniel have been designed to empower your team and transform your service
HCM promotional features
Sponsored
The partnership between PureGym and Belfast-based supplier BLK BOX is transforming the gym floor
HCM promotional features
Sponsored
Nuffield Health has worked with ServiceSport UK for more than ten years, ensuring the equipment in its clubs is commercially optimised
HCM promotional features
Sponsored
Francesca Cooper-Boden says health assessment services can boost health club retention
HCM promotional features
HCM magazine
AI has the potential to support people in making healthy lifestyle changes if its algorithms can be updated to understand the different stages of motivation, as Jodi Heckel reports
HCM magazine
When retailer, the €11 billion-a-year Colruyt Group, decided to get into the health club market, the plan was to fully integrate its entire business using customer insight data. The results are remarkable
HCM magazine
From payments to virtual classes, software integrations can take your operation to the next level. Providers tell us about their most in-demand offerings
HCM magazine
Immediate rewards can motivate people to exercise more, according to new research, reports Kath Hudson
HCM magazine
HCM People

Mariah Rooney

Founder, Trauma Informed Weight Lifting
When people experience early life trauma it impacts their bodies and nervous systems. I became curious about how lifting weights could help them have the experience of strength
HCM magazine
HCM People

Mark Tweedie

Associate, Miova
I’d love to see a national wellness service working hand in glove with NHS primary care
HCM magazine
New research from UCLA Health looked at the impact of Kundalini yoga on memory and found a significant impact, finds Megan Whitby
HCM magazine
Appointed president of Xponential Fitness when she was only 34, Sarah Luna attributes her career success to the grit, determination and stamina she honed as a dancer by day and Pilates teacher by night. She talks to Kath Hudson about how owning her choices has given her the resilience to take on one of the top jobs in the US fitness industry, while also raising a family
HCM magazine
Fuel the debate about issues across the industry and share your ideas and experiences. We’d love to hear from you: [email protected]
HCM magazine
As more trans women, trans men and non-binary people join health clubs, it’s time to work out a system where everyone feels included, protected and safe in the locker room. Kath Hudson reports
HCM magazine
It’s time to start the conversation about pelvic health. It’s not just menopausal women who have challenges: young women and men can also experience issues they’re too embarrassed to discuss or seek help for, as Kath Hudson reports
HCM magazine
Featured supplier news
Featured supplier news: Elevate announces new aquatics and active kids theatres for 2024 event
The Royal Life Saving Society UK (RLSS UK), the Swimming Teachers Association (STA), and Swim England have teamed up to sponsor an aquatic theatre at Elevate 2024.
Featured supplier news
Featured supplier news: Explosion of passion for fitness at RiminiWellness 2024 and record success for Panatta
The passion for fitness and bodybuilding reached new heights at the Panatta stands during RiminiWellness (30 May – 2 June 20204) – the largest fitness event in Italy – which this year exceeded the 100,000 visitor mark.
Company profiles
Company profile: MyFitApp
Innovatise’s myFitApp is an open, flexible, hybrid fitness platform. Gyms, leisure centres and health clubs ...
Company profiles
Company profile: Active IQ
The UK’s leading Ofqual-recognised awarding organisation for the physical activity sector, we offer over 100 ...
Supplier Showcases
Supplier showcase - Safe Space: Delivering the vision
Catalogue Gallery
Click on a catalogue to view it online
Featured press releases
GYMNATION press release: GymNation celebrates double victory at UAE Employee Happiness Awards
GymNation, the UAE’s largest gym chain, is proud to announce its outstanding achievements at the UAE Employee Happiness Awards.
Featured press releases
seca Ltd press release: Seca Tru and Physical bring best-in-class body composition analysis to gyms
Seca Tru is delighted to announce a new UK partnership with fitness market leader Physical. The agreement will see Physical distribute the Seca Tru product across the breadth of the UK fitness industry.
Directory
Cryotherapy
Art of Cryo: Cryotherapy
Lockers
Fitlockers: Lockers
Snowroom
TechnoAlpin SpA: Snowroom
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
salt therapy products
Saltability: salt therapy products
Spa software
SpaBooker: Spa software
Property & Tenders
Cleveland Lakes, Wiltshire and Gloucestershire
Cotswold Lakes Trust
Property & Tenders
Loughton, IG10
Knight Frank
Property & Tenders
Diary dates
03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
Diary dates
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
Diary dates
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
Diary dates
20-22 Sep 2024
Locations worldwide,
Diary dates
01-04 Oct 2024
REVĪVŌ Wellness Resort Nusa Dua Bali, Kabupaten Badung, Indonesia
Diary dates
09-13 Oct 2024
Soneva Fushi, Maldives
Diary dates
10 Oct 2024
QEII Conference Centre, London,
Diary dates
22-25 Oct 2024
Messe Stuttgart, Germany
Diary dates
24-24 Oct 2024
QEII Conference Centre, London, United Kingdom
Diary dates
04-07 Nov 2024
In person, St Andrews, United Kingdom
Diary dates
04-06 Feb 2025
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
11-13 Feb 2025
Fairmont Riyadh , Saudi Arabia
Diary dates
10-13 Apr 2025
Exhibition Centre , Cologne, Germany
Diary dates
07-07 Jun 2025
Worldwide, Various,
Diary dates
28-31 Oct 2025
Koelnmesse, Cologne, Germany
Diary dates
Search news, features & products:
Find a supplier:
Elevate
Elevate
Partner sites