{"id":1735,"date":"2005-10-01T13:37:28","date_gmt":"2005-10-01T13:37:28","guid":{"rendered":"http:\/\/jamiesoncf.wpengine.com\/deals\/fitness-first\/"},"modified":"2022-06-27T16:28:17","modified_gmt":"2022-06-27T16:28:17","slug":"fitness-first","status":"publish","type":"deals","link":"https:\/\/jamiesoncf.com\/de\/deals\/fitness-first\/","title":{"rendered":"Fitness First"},"content":{"rendered":"<p>Jamieson Corporate Finance announces its role in advising the senior management team of Fitness First on their \u00a3835 million secondary management buyout backed by BC Partners from Cinven Ltd. Fitness First is the largest health club operator in the world with 424 clubs and over 1.1 million members in 15 countries.<\/p>\n<p>Fitnesss First is expecting to achieve EBITDA of about \u00a395 million in the year to October 2005. As a result of the highly targeted geographic diversification, Fitness First now generates approximately two-thirds of its profits from non-UK operations.<\/p>\n<p>The role in advising Fitness First follows the recent successful roles acting on behalf of the management team of Elliott Group on the \u00a3166 million buyout from the Davis Service Group plc and on the Tunstall Holdings \u00a3225 million buyout backed by Bridgepoint.<\/p>\n<blockquote><p>&#8222;The Jamieson team provided fabulous support throughout the course of this transaction and were instrumental in helping us get the deal over the line . The whole management team are looking forward to the next phase of the development of the business.&#8220;<\/p>\n<p><em><span style=\"text-align: left; color: #02283f; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'roboto'; font-size: 16px; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; display: inline !important; white-space: normal; cursor: text; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: transparent;\">Colin Waggett, COO<\/span><\/em><\/p><\/blockquote>\n<blockquote><p>&#8222;We are delighted to have acted for the Fitness First management team in this substantial transaction. We are glad to have supported Colin and his team throughout the process and to have advised them on the terms of their participation and investment in the business going forward.&#8220;<\/p>\n<p><em><span style=\"text-align: left; color: #02283f; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'roboto'; font-size: 16px; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; display: inline !important; white-space: normal; cursor: text; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: transparent;\">Ian Jamieson, Jamieson<\/span><\/em><\/p><\/blockquote>\n","protected":false},"featured_media":1392,"template":"","deal-size":[81],"deal-location":[15],"deal-sector":[50],"deal-service":[94],"class_list":["post-1735","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fitness First &#8211; Jamieson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jamiesoncf.com\/de\/deals\/fitness-first\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fitness First &#8211; Jamieson\" \/>\n<meta property=\"og:description\" content=\"Jamieson Corporate Finance announces its role in advising the senior management team of Fitness First on their \u00a3835 million secondary management buyout backed by BC Partners from Cinven Ltd. 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