Blink Fitness is being acquired by PureGym in a $121 million cash deal. PureGym has been plotting it's North American expansion.
PureGym, one of UK's leading fitness operators, is making a play to acquire Equinox-owned Blink Fitness for $105 million in cash.
Basic-Fit reported a 17% increase in revenue to €585 million ($633 million) and membership growth of 13% to 4.1 million in H1 2024.
Gymdesk provides management software for over 2,000 gyms and studios, and has made a name for itself in martial arts.
Total U.K. gym memberships are at 10.7 million, up 4% from 2021, with many people gravitating to HVLP operators like PureGym.
European health/fitness center revenue and membership numbers have topped pre-pandemic levels for the first time, with more growth ahead.
The Gym Group, a low-price gym operator in the U.K., reported solid revenue growth in 2023 and is planning to open new locations.
One of Europe's top fitness operators is looking to muscle its way into the crowded high-value, low-price gym market in the U.S. and Canada.
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