management team news

Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company – owner of Snap Fitness and Fitness On Demand – is up ... More

US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a shareholder. Financial ... More

Egym, which raised €207 million last year in new investment, continues to build its top team with the appointment of former Technogym MD, Steve Barton, ... More

The Gym Group has announced its positive H1 trading trends have continued, with year end revenue up by 18 per cent and members by an ... More

JD Gyms, part of listed company, JD Sports Fashion plc, has sold UAE health club operator, GymNation, to a management buy-out team backed by investors ... More

CORRECTION A previous version of this story reported that the UK operations of Xtrafit were connected to the German Xtrafit business. We now understand that ... More

Tom Dowd, recently appointed CEO of F45, said he remains optimistic the business can be turned around, in spite of retrospectively revealing losses of US$372.3 ... 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

The board of Planet Fitness has ousted Chris Rondeau from his role as CEO, effective immediately, replacing him with Craig Benson, a member of the ... More

The Gym Group saw its membership grow by nearly 10 per cent in the first half of 2023, resulting in a major boost to revenues, ... More

Investment firm KSL Capital Partners has acquired the Hersha Hospitality Trust, the company behind a portfolio of spa hotels and resorts in the US. The ... More

The share price of F45 Training has fallen by 75 per cent, after the franchised fitness group announced plans to delist from the New York ... More

Shares in The Gym Group have jumped sharply, after it reported substantial gains in membership and revenue following a period of trading with founder John ... More

Xponential Fitness shares are recovering following a fightback by the directors after the publication of a damning report on its prospects and conduct from Fuzzy ... 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 Parkwood Group has taken over leisure management contracting business 1Life Management Solutions Limited (1LMS Ltd), which trades as 1Life, having acquired it from its ... More

North American spa franchise Massage Heights has reported record-breaking revenues and peak company average unit volume (AUV) performance for the past year. “As stress levels ... 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

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

Former CEO of Anytime Fitness Neil Randall has been appointed the new CEO of TrainMore and Clubsportive at Urban Gym Group (UGG). His role will ... More

David Lloyd Leisure (DLL) has acquired fitness clubs ABC Serrano and La Finca in Madrid. Once refurbished they will open in 2024. La Finca is ... More

TRX has been acquired by its founder, Randy Hetrick and Jack Daly of private equity firm JFXD Capital, who has become CEO. Hetrick will act ... More

WellnessLiving – a cloud-based business management software provider and payments platform for fitness operators – has raised US$66m. A partnership with McCarthy Capital generated US$46m ... More

As climate change, air pollution and COVID-19 impact millions worldwide, the Global Wellness Institute (GWI) is uniting physicians, scientists, and health and wellness business leaders ... More