The leading health club chain in UK and Europe, Holmes Place, has undergone a å£25.4 m management led buy-out from private equity groups, Bridgepoint and Permira.
The result of this means that the indebted company will now join other health club groups that have been de-listed by private equity groups following poor performance on the stock market.
Holmes Place has 47 Health and Leisure Management Clubs in the UK which provide fitness equipment, classes and facilities for members to enjoy a healthier lifestyle. Amenities vary from club to club, but typically offer mixed and ladies only gyms, swimming pools, a range of classes including yoga, Pilates, studio based cycling, body pump and aqua activities.
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