The Telegraph: The Gym Group keen to cut pounds in growth market

18th August 2014

Low-cost exercise chain, The Gym Group, could be set for rapid expansion in the UK and Europe as technology-led gym design takes off, writes Oliver Duggan in the Telegraph. The exercise chain, one of the country’s best-known affordable gym providers, last month looked set for a £300m merger with Pure Gym. The Gym pioneered the […]

Low-cost exercise chain, The Gym Group, could be set for rapid expansion in the UK and Europe as technology-led gym design takes off, writes Oliver Duggan in the Telegraph. The exercise chain, one of the country’s best-known affordable gym providers, last month looked set for a £300m merger with Pure Gym.

The Gym pioneered the concept of low-cost gyms in the UK, opening its first site in Hounslow in 2008 and has been a flagship investment for Bridges for over 5 years. It provides state-of-the-art fitness facilities in purpose-built gyms which are open 24 hours and located mainly in underserved areas, offering flexible memberships from as little as £10.99 per month.

Read the full article here.

Related News

View all
19th December 2024

Bridges completes fifth exit of 2024 with sale of Alina Disability Support

Bridges has completed its fifth exit of 2025, with the sale by Alina Homecare of its Disability Support division to national care provider Swanton

Read more
4th October 2024

Bridges selected by Fulcrum as partner for Long-Term Asset Fund

Bridges has been selected by Fulcrum Asset Management as a partner for its new Long Term Asset Fund (LTAF) – which is designed to help DC pensions access longer-term investments.

Read more
16th July 2024

Bridges exits community-focused services business Nexgen

In its fourth exit of the year, Bridges is delighted to announce it has agreed to sell the Nexgen Group to Bidvest Noonan, a market-leading provider of facilities services.

Read more
2nd July 2024

Bridges announces leadership evolution ahead of next growth phase

Michele Giddens will now be sole CEO of the firm, with Philip Newborough moving to a new role as Executive Chair.

Read more
Next

More news