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The Gym Group

From Wikipedia, the free encyclopedia

The Gym Group plc
Company typePublic limited company
LSE: GYM
FTSE SmallCap Component
ISINGB00BZBX0P70
Founded2007; 17 years ago (2007)
FounderJohn Treharne
HeadquartersCroydon, London
Key people
RevenueIncrease £204.0 million (2023)[1]
Increase £15.6 million (2023)[1]
Increase £(8.4) million (2023)[1]
Number of employees
2,000 (2023)[2]
Websitewww.thegymgroup.com
Corporate Site
former logo

The Gym Group is a chain of 24/7 no contract fitness clubs in the United Kingdom. The company is headquartered Addiscombe Road in Croydon, London, England.

Operations

The Gym location in Lewisham, London

The company was founded by a squash player, John Treharne, in Hounslow in West London in 2007.[3] Phoenix Equity Partners and Bridges Ventures invested in the company in its early years.[4][5]

The business was listed on the Sunday Times Fast Track 100 in 2012.[6] The Gym Group and PureGym explored a merger in 2014, but this was later abandoned.[7] The Gym Group floated on the London Stock Exchange in 2015.[8]

Operations

The company had 229 gyms and 812,000 members as at 31 December 2022.[9]

References

  1. ^ a b c "Annual Results 2023" (PDF). The Gym Group. Retrieved 13 March 2024.
  2. ^ "The Gym Group's operations boss on people, pricing and sustainable expansion". Raconteur. 17 May 2023. Retrieved 13 March 2024.
  3. ^ Farrell, Sean (9 November 2015). "The Gym to float on stock market with valuation of £250m". The Guardian. Retrieved 26 February 2020.
  4. ^ "Phoenix Equity Partners announces the successful IPO of The Gym Group". Phoenix Equity Partners. 20 November 2015. Retrieved 7 February 2024.
  5. ^ "The Gym completes £250m London listing – further proof that commercial growth and social impact can go hand-in-hand". Bridges Ventures. Retrieved 7 February 2024.
  6. ^ "Business profile: The Gym Group". Berkshire Live. 30 August 2013. Retrieved 7 February 2024.
  7. ^ "Sports Direct to open gym chain". BBC News. 11 November 2014. Retrieved 26 February 2020.
  8. ^ "The Gym Group fixes valuation at £250m with today's IPO". City AM. 9 November 2015. Retrieved 7 February 2024.
  9. ^ "The Gym Group opens record number of new gyms as revenues inch back towards pre-COVID-19 levels". Health Club Management. 17 March 2023. Retrieved 7 February 2024.

External links


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This page was last edited on 13 March 2024, at 10:17
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