management buyout news

GCC gym operator, Gymnation, has secured a $100 million private credit facility from HPS Investment Partners – part of BlackRock, the world’s largest asset manager. ... More

Welsh leisure operator, Denbighshire Leisure Ltd, is undertaking a management buyout from Denbighshire Council for £1.5 million, backed by private equity. The deal is subject ... More

Four-time Olympic medallist, Rebecca Adlington OBE, and Olympic swimmer, Steve Parry MBE, have successfully completed a management buyout of Swim! The pair originally founded the ... More

Jan Spaticchia, founder of énergie Fitness, has led a successful management buyout to reacquire the business which he founded in 2003. Spaticchia sold the company ... More

HCM understands that the directors of énergie Fitness have brought in specialist company FRP Advisory (FRP) to look at options for recapitalising the business. One ... More

Global attractions giant, Merlin Entertainments, has been sold to the family behind toy firm Lego in partnership with two other investors in a deal at ... More

Functional fitness equipment supplier TRX has recapitalised its business by securing capital investment from private equity firm Equity38. The deal has been structured as a ... More

Former Virgin Atlantic CEO Steve Ridgway and Shearings Leisure Group CEO Denis Wormwell have been placed at the head of Britain's tourism bodies, with Ridgway ... More

Lifetime Training is to be bought by its management in a deal backed by private equity firm Silverfleet Capital. The leisure training giant – whose ... More

Fitness technology giant Gantner has been acquired by the private equity backer behind high street food chain EAT. Investment company Ardian has agreed a management ... More

Resurgent health club chain Total Fitness is bidding to drive growth through “opportunistic” acquisitions as the company continues its turnaround strategy. Having hit hard times ... More

Asda is bidding to help customers shed pounds from their waistline as well as their shopping bill through a new functional fitness concept. Health Club ... More

Sport and entertainment architects, Populous, have announced a merger with Jump Studios, a London-based practice which specialises in high-concept interiors, installations and architectural design. The ... More

Menzies Hotels Group is looking for a new owner after its parent company Cordial Hotels entered administration. A price to of close to £100m has ... More

Mid-market private equity firm Bowmark Capital is investing £30m in management buyout and expansion of London bar and restaurant group Drake & Morgan. Founded in ... More

Indoor go-kart operator TeamSport is to expand rapidly over the next three years after completing a £9m management buyout led by managing director Dom Gaynor. ... More

Independent health club operator The Third Space is planning to open a number of new clubs in the capital. In an interview with Health Club ... More

Nigel Talbot-Ponsonby is stepping down from his role as executive chair of Humberts Leisure after 35 years at the helm. Talbot-Ponsonby, who led a management ... More

The management team of health club chain Total Fitness has acquired the group's UK and Irish businesses. The deal, for an undisclosed sum, was backed ... More

Powerleague, the UK’s largest five-a-side football operator, has agreed to a £42m takeover offer. The company, which owns 43 centres nationwide, is being acquired by ... More

Picsolve, the photographic systems and services provider for leisure attractions, has been sold in a £33m management buyout. The UK-based company has been acquired by ... More

Private equity investment firm Bowmark Capital has announced a £27m management buyout of Las Iguanas. The nationwide chain of 14 Latin American restaurants specialising in ... More

Barracuda Group has arranged a £40m loan facility to fund its acquisitions programme of new openings over the next two years. The pub operator will ... More

Conran Restaurants has changed its name to D&D London, following the management buyout last year. In September 2006, chair Des Gunewardena and managing director David ... More