Most of PureGym’s 189 sites are open 24 hours a day, seven days a week, and all offer low-cost membership and on-site personal trainers without tying members to fixed-term contracts. Peter Roberts, 72, founded the Leeds-based business in 2008 and sold a majority stake to the American private equity firm CCMP Capital Advisors in 2013. The company’s 2015 acquisition of all 43 LA Fitness gyms, in a £74m deal, helped it grow sales to £159.9m last year. Last month CCMP sold its stake in the business, which is led by Humphrey Cobbold, 53, to another US private equity firm, Leonard Green & Partners, in a deal expected to value the firm at around £600m.
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