Former England squash player John Treharne, 59, founded this gym chain in 2008. The Guildford business offers low-cost membership without contracts, a model that has proved popular, with sales climbing to £22.6m in 2012. The Gym now has 38 health clubs nationwide, with a further 26 in the pipeline. The company was started with funding from Bridges Ventures, which invested £17.5m for an 85% stake. It sold this stake to new owner Phoenix Equity Partners in June this year, in a deal that valued the company at £90m.
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