Fitness First

Since its inception in 1993, Fitness First has grown rapidly in to the largest gym, health and fitness club in the world, with 550 clubs in 21 countries. Cinven took the business private in 2003 for £400m and doubled its money by selling it to BC Partners for £835m in 2005. Worldwide sales reached £670m in 2009, and chief executive Colin Waggett continues to expand internationally, now focusing on opportunities in Asia and Australia.

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Company details
CompanyFitness First
ActivityFitness club operator
Sales £m*670
Profit £m*145
Year endOct 09
Principal shareholdersBC Partners (81%), management (19%)

If applicable:

* Supplied by company † Annualised figure