Posts tagged “Pure Gym”

Comment on Pure Gym buying LA fitness

On May 29th 2015 came news that Pure Gym was buying LA fitness, subject to approval from the Competition and Markets Authority, the competition regulator. Of all the potential buyers including Fitness First, Sports Direct and Terra Firma, I was surprised on hearing this news. Fitness First was seen as ...

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Why the CMA referred the combination of Pure Gym Limited and The Gym Limited for an in-depth merger investigation

In February 2014, Pure Gym and The Gym Group (The Gym) announced plans to merge. At the time of the deal, Pure Gym operated 61 low-cost gyms across the UK and The Gym, 42 gyms. The business model for the two companies has been very similar since they began competing ...

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Pure Gym and The Gym Group Announce Merger Plans

Pure Gym and The Gym Group today announced plans to merge, subject to regulatory approval. The new company will be a combination of the current Pure Gym, owned by CCMP Capital Advisors, and The Gym Group owned by Phoenix Equity Partners and Bridges Ventures. Financial terms have not been disclosed. The ...

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