PureGym

PureGym Limited is a chain of no frills health clubs in the United Kingdom. The chain is based in Leeds, West Yorkshire.

PureGym
TypePrivate company
IndustryHealth clubs
Founded2009
FounderPeter Roberts
HeadquartersLeeds, England, UK
Number of locations
294 gyms (2020)
Area served
United Kingdom
OwnerLeonard Green & Partners
Websitehttps://www.puregym.com
PureGym, New Barnet
A PureGym club in Leeds

It is Britain's largest gym chain by membership, with over 1,000,000 members registered to their gyms.[1][2][3][4]

In May 2015, PureGym acquired all gyms from rival UK fitness chain LA Fitness, bringing the total number of gyms across the UK to 141. As of March 2020, PureGym now has 294 gyms with more than one million members, making it the largest operator of gyms across the United Kingdom.[5]

Facilities

Most locations are open 24 hours a day[6] and offer cardio equipment, fixed and free weights, and exercise classes, there are over 200 pieces of training equipment in most gyms. There are no swimming pools or saunas, which are found in more expensive gyms.

All PureGyms are monitored by real-time TV linked directly to security staff and emergency services. Most gyms also run weekly fire drills during off-peak hours.

Ownership and management

PureGym was privately owned by CCMP Capital and other investors.[7] In 2014, rival The Gym Group attempted to take over Pure Gym, but abandoned the takeover after it was referred to the Competition and Markets Authority.[8]

In May 2015, PureGym bought their UK rival LA Fitness for around £60 million to £80 million.[9][10]

Humphrey Cobbold took over from Peter Roberts as the CEO. Roberts has, in turn, become the CFO, with Adam Bellamy continuing as the Non-Executive Director.

In November 2017 it was bought by Los Angeles-based Leonard Green & Partners for £600 million.[11]

In December 2019 PureGym agreed to buy Danish Fitness World, which also operated in Switzerland and Poland, for £350 million.[12]

It has a 2-star accreditation from Best Companies and a BCI score of 696.6.[13]

References
  1. Kemp, Kenny (25 April 2019). "PureGym breaks through the million member barrier". Insider.co.uk. Retrieved 26 December 2020.
  2. "Overview". PureGym. Retrieved 26 December 2020.
  3. Culot, Caroline (17 October 2019). "Norwich gym to close after being taken over by rival firm". Eastern Daily Press. Retrieved 26 December 2020.
  4. Reporter, LLB (21 February 2018). "Pure Gym reaches 1 million members and announces opening of 200th gym in the UK". London Loves Business. Retrieved 26 December 2020.
  5. "Modern Slavery Statement". Pure Gym.
  6. "Hard at it in the all-night gym | Life and style". The Guardian. 2016-08-29. Retrieved 2016-09-08.
  7. "Private equity takeover lifts Pure Gym". Retrieved 8 September 2016.
  8. "The Gym Group keen to cut pounds in growth market". Retrieved 8 September 2016.
  9. "Pure Gym to buy rival LA Fitness". BBC News. 29 May 2015.
  10. Hickey, Shane (2015-05-29). "Pure Gym buys LA Fitness". The Guardian. Retrieved 2018-01-15.
  11. Bury, Rhiannon (2017-11-03). "US private equity firm with Topshop stake snaps up Pure Gym". The Telegraph. ISSN 0307-1235. Retrieved 2018-01-15.
  12. Booth, James (12 December 2019). "Puregym expands in Europe with £350m acquisition of Fitness World". CityAM. Retrieved 29 January 2020.
  13. "Pure Gym: BCI". Best Companies.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.