Leonard Green news

Chequan Lewis is the new CEO of Crunch Fitness, taking over from Jim Rowley, who has transitioned to be executive chair.  Lewis joined the company ... More

PureGym Group has announced that group chief financial officer, Alex Wood, is taking over the role of CEO, as Clive Chesser steps down. Wood has ... More

The original founder of 24 Hour Fitness, Mark Mastrov, is returning as owner and executive chair.  Mastrov has partnered with private equity firm, LongRange Capital, ... More

Private equity firm, Leonard Green & Partners is acquiring a majority interest in Crunch Fitness from TPG Growth and Crunch’s minority shareholders. Since TPG invested ... More

It has been confirmed that PureGym is the winning bidder in the auction for US operator, Blink Fitness, with a successful bid of $121 million. ... More

Pure Gym has raised the necessary funds to allow the purchase of Blink Fitness, which had filed for protection under Chapter 11 of the US ... More

PureGym is making a bid for the majority of the assets of Blink Fitness, which was put into Chapter 11 by owner, Equinox, on 12 ... More

The UK’s largest operator of affordable fitness, PureGym, has announced today that CEO Humphrey Cobbold will be moving from CEO to the role of chair ... More

Pure Gym’s holding company, Pinnacle Bidco plc, has set out to raise £805m through issuing loan notes. The money will be used to refinance existing ... More

PureGym added 190,000 new members in the first half of 2023 when compared with H1 2022, taking the total number of members across its clubs ... More

Peter Roberts, former CEO and founder of Pure Gym, has invested in Another Round, a personal training app which utilises AI and machine learning. Roberts ... More

Pure Gym has revealed it's planning to double the number of clubs in its portfolio, with a target of reaching more than 1,000 clubs by ... More

Pure Gym has dropped plans for an IPO which it revealed in August, opting instead to raise £300m through an equity deal with investment firm, ... More

PureGym says it is looking to expand its operations beyond Europe, after experiencing a strong recovery in business performance since reopening its clubs in April ... More

PureGym has secured a £100m cash injection from shareholders to help deal with both the opportunities and threats posed by COVID-19. The move takes its ... More

PureGym is set to become the second largest fitness operator in Europe, after revealing plans to acquire Danish chain Fitness World. Fitness World is the ... More

US-based health and racquets club operator Life Time has opened two Athletic Lifestyle-branded clubs in Texas this month. The Athletic Lifestyle Resort Cypress, near Houston, ... More

The opening of 20 new sites and membership growth in its existing clubs has helped Pure Gym record a 24 per cent increase in revenue. ... More

Budget club operator Pure Gym has reached 1 million members in the UK, following a 22 per cent increase in the number of members since ... More

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 ... More

A final round of bids for Pure Gym is due tomorrow (2 November), according to Reuters. According to sources, bankers are working on debt financing ... More

Another day, another US fitness IPO. Following the news this week that budget chain Planet Fitness is to go public, US-based boutique cycling studio operator ... More

US gym chain Life Time Fitness is set to become a private company in a deal valued at more than US$4bn (€3.8bn, £2.7bn). The company ... More