financing news

PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to ... More

PureGym has delivered a positive set of third quarter results, with revenues increasing to £137.7m, for the three months ending 30 September – up 15.8 ... More

A network of Sports Illustrated branded resort and lifestyle complexes will launch in the US following a deal between Travel + Leisure Co and Sports ... More

PureGym’s holding company, Pinnacle Bidco, has completed the £805m refinancing which was announced on Tuesday this week, with the rapid, one-day take-up of the offering ... 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

The speakers have been confirmed for this year's Surf Park Summit - the global event dedicated exclusively to the surf park industry. Taking place at ... More

Alliance Leisure has been awarded funding of £13m to develop a new sports hub at Parsloes Park in Barking. The leisure development specialist was appointed ... More

Destination wellness brand Canyon Ranch has expanded its partnership with VICI Properties, an experiential-focused real estate investment trust, to expand its offering across North America ... More

Total Fitness is looking to expand its operations and upgrade its club portfolio after securing a £6.5m loan from OakNorth Bank. The health club operator ... More

Basic-Fit experienced strong growth in clubs and members during the first six months of 2023. Reporting its H1 results, the Netherlands-based company saw its underlying ... More

Egym has completed a Series F financing round which will see it raise up to €207m (US$225m) in growth capital. The new investment was led ... More

Center Parcs UK and its six holiday villages have been put up for sale by its Canadian owner, Brookfield. The private equity group – which ... More

More big moves are underway at F45, as the company reboots its senior management team with the appointment of Tom Dowd as CEO and Mark ... More

The Greek wellness economy was under the spotlight today at the inaugural Global Wellness Economy conference, hosted in Athens, Greece. The event sought to promote ... More

Richard Darwin is to step down from his role as CEO of The Gym Group (TGG). He has spent the past seven years leading the ... More

Dr Fiona Bull, head of the physical activity unit at the World Health Organization (WHO), has stated that “demonstrating impact is key” for the physical ... More

German fitness operator, Life Fit Group, led by Martin Seibold, has snapped Loft Holding GmbH and its fitness brand Fitness Loft. The company has also ... More

The declining health of Britons is stalling the nation’s economic growth. This is the key message from Andy Haldane, chief executive of the Royal Society ... More

Planet Fitness has reported record results, with 16.6m members globally, according to its Q3 results. Shares jumped ten per cent on the news. The company ... More

Nuffield Health has completed a five-year refinancing package with NatWest, HSBC, Barclays and Santander UK. KPMG UK advised on the deal which also included a ... More

US wellness lifestyle brand Canyon Ranch is set to strengthen its portfolio with two new urban clubs and a brand-new destination resort in Texas. The ... More

Therabody has launched eight product innovations and closed a growth equity round with backing reaching US$165m. The investment was led by North Castle Partners, with ... More

Mark Wahlberg- and David Beckham-backed F45 Training has announced a reduction in its core workforce of 110 employees with the aim of cutting its cost ... More

Faena Group is rumoured to be gearing up to open a property in New York, replacing Six Senses as hotel operator in the One High ... More