PureGym has more than 200 sites open 24 hours a day, seven days a week, and all offer low-cost membership and onsite personal trainers without tying members to fixed-term contracts. The company’s 2015 acquisition of all 43 LA Fitness gyms, in a £74m deal, helped lift profits to £37m in 2017. Last November, chief executive Humphrey Cobbold, 53, led a buyout backed by American private equity firm Leonard Green & Partners, which acquired a majority stake. The deal valued the Leeds-based group at more than £600m.
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