This would leave Pinnacle Bidco Plc, which owns Pure Gym Limited through various intermediate holdings, with no financial headroom under its 'B' Issuer Default Rating (IDR).
Is PureGym the UK's largest private gym operator?
PureGym is the UK’s largest private gym operator, both by number of gyms and members. As of 30 September 2023, the Group operated 362 UK gyms (Q3 2022: 317 gyms) with 1,465,000 members (Q3 2022: 1,216,000). Having rebranded from Fitness World earlier this year, PureGym is also the leading operator in Denmark, both by number of gyms and members.
Will Fitness World's EBITDA margin be lower than pure gym?
However, we expect that the combined entity's profitability (Fitch-defined EBITDA margin around 26%) will be lower than Pure Gym's standalone profile (Fitch-estimated FY19E: 28.2%) given Fitness World's higher share of staff costs, not as digitally-driven as Pure Gym.
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Investor Announcement - Acquisition of Fitness World Group
11 дек. 2019 г. Pleased to announce the acquisition of Fitness World. • PureGym has reached an agreement to acquire. Fitness World Group a leading European gym.
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PureGym Front Section Annual Report 2019 200428
13 янв. 2020 г. Fitness World reported revenue of £192.5 million for the year ended 31 December 2019 and Run Rate Adjusted EBITDA of £52.2 million for the same ...
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PureGym raises £300m equity investment to fund expansion
14 дек. 2021 г. PureGym has always applied technology innovatively and intends to remain at the vanguard of the world's technology enabled gym and fitness ...
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Pinnacle Bidco plc the parent company of PureGym and Fitness
Further to its statement on September 10 2020
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Pinnacle Bidco plc the Parent Company of PureGym and Fitness
Pinnacle Bidco plc the Parent Company of PureGym and Fitness World
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Investor Presentation
26 авг. 2021 г. 2019 Pro Forma figures are based on an aggregation of PureGym and Fitness World ... Combined Group. Refers to Pure Gym & Fitness World. EBITDA.
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PureGym announces completion of equity investment
3 февр. 2022 г. PureGym is a leading European gym operator with approximately 1.6 million members across 511 clubs in the UK and Europe under the Fitness World ...
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PureGym raises £300m equity investment to fund expansion
14 дек. 2021 г. at the vanguard of the world's technology enabled gym and fitness ... As at 30 September 2021 PureGym has 291 sites in the UK
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Gym rules
14 мар. 2023 г. It is not allowed to stay overnight in our gyms and the gym must be vacated no later than 5 minutes before closing time. TREATMENT OF EQUIPMENT ...
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New site openings and cost control drive strong profit growth in 2023
23 апр. 2024 г. Successful rebranding of Fitness World in Denmark to PureGym. ... As at 31 December 2023 Pure Gym had 370 gyms in the UK
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Investor Announcement - Acquisition of Fitness World Group
11 déc. 2019 Acquisition of Fitness World Group December 2019 ... PureGym has reached an agreement to acquire. Fitness World Group a leading European ...
Pinnacle Bidco plc the parent company of PureGym and Fitness
Pinnacle Bidco plc the parent company of PureGym and Fitness World
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PureGym announces completion of equity investment
3 févr. 2022 PureGym is a leading European gym operator with approximately 1.6 million members across 511 clubs in the UK and Europe under the Fitness World ...
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PureGym raises £300m equity investment to fund expansion
14 déc. 2021 PureGym has always applied technology innovatively and intends to remain at the vanguard of the world's technology enabled gym and fitness ...
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DRAFT Investor Presentation
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Pinnacle Bidco PLC - Annual report and consolidated financial
20 avr. 2022 Switzerland operating under the PureGym and Fitness World brands. In line with the whole industry the Group's operations have been.
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Investor Presentation
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Fitness World A/S Annual report for 2020
20 avr. 2021 We have audited the financial statements of Fitness World A/S for the ... Fitness World was acquired by PureGym on 14 January 2020.
PureGym successfully completes acquisition of Fitness World
14 January 2020, London – PureGym, the UK's largest gym operator, has successfully completed of leading European gym and fitness operator Fitness World
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PureGym to acquire Fitness World
12 December 2019, London – PureGym, the UK's largest gym operator, is to acquire leading European gym and fitness operator Fitness World
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European Health & Fitness Market Report 2019 - Deloitte
PureGym, Fitness World and clever fit In addition to its focus on club operators, this report also provides a snapshot of the global fitness equipment industry, high
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View case study - BVCA
Humphrey Cobbold joined Pure Gym as CEO in 2014 16 Pure Gym, explains how the company is ripping real world working in a portacabin t's fashionable
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HCM October 2020 - Health Club Management
1 oct 2020 · Developed by the world leaders in fitness, 38 PureGym CEO, Humphrey Cobbold LES MILL brands: PureGym, Fitness World, BaseFit or
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ELECTRONIC TRANSMISSION DISCLAIMER - The Gym Group plc
Items 1 - 6 · the evaluation of a potential merger with Pure Gym Limited and costs incurred Hemel Hempstead: Unit 3, Leisure World, Jarman Way, Hemel
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PROPERTY REQUIREMENTS - David Lloyd Clubs
Health Fitness Nordic ANNUAL TURNOVER IN EUROS McFIT Group Basic- Fit Nuffield Health Pure Gym Fitness World Clever Fit David Lloyd Leisure
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[PDF] PureGym to acquire Fitness World
12 December 2019, London – PureGym, the UK's largest gym operator, is to acquire leading European gym and fitness operator Fitness World
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[PDF] PureGym successfully completes acquisition of Fitness World
14 January 2020, London – PureGym, the UK's largest gym operator, has successfully completed the acquisition of leading European gym and fitness operator
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[PDF] PureGym to acquire Fitness World Dec19pdf - PureGym Corporate
Dec 11, 2019 · Acquisition of Fitness World Group December 2019 2 Disclaimer Forward looking statements This presentation may include forward looking
Apr 29, 2020 · Group EBITDA reflects the proforma combined Group Run Rate Adjusted EBITDA of Pure Gym and Fitness World for the year ended 31
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[PDF] PureGym 2019 Results and Investor Presentation
Apr 29, 2020 · summary form, 2019 results and the Fitness World acquisition And having done so, we will summarize the group's financial position, both
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[PDF] PureGym Front Section Annual Report 2019 200428
Fitness World has a similar business model to PureGym, characterised by affordable and flexible gym memberships with no fixed term contracts and extended
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[PDF] PureGym COVID-19 Update
Mar 24, 2020 · or financial measures while we are in a world of effectively zero revenue this year to acquire the Fitness World business on the 14th January
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[PDF] COVID-19 Update - PureGym Corporate
Mar 24, 2020 · Group EBITDA reflects the proforma combined Group Run Rate Adjusted EBITDA of Pure Gym and Fitness World for the year ended 31
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[PDF] PureGym Q120 Presentation_FINAL
May 28, 2020 · Note Q1 2020 represents the results of the Combined Group, including Fitness World from 14 January 2020 Q1 2019 includes the results of
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[PDF] European Health & Fitness Market Report 2019 - Deloitte
PureGym, Fitness World and clever fit In addition to its focus on club operators, this report also provides a snapshot of the global fitness equipment industry, high
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