Press Coverage: The Gym Group IPO

11th November 2015

The Gym Group, a low-cost gym business that Bridges built alongside entrepreneur John Treharne, was listed successfully on the London Stock Exchange this month, valued at £250m. Founded in 2008, Bridges has worked intensively to roll-out a group that now operates 66 gyms in the UK, with revenues of £45m last year. The Gym has […]

The Gym Group, a low-cost gym business that Bridges built alongside entrepreneur John Treharne, was listed successfully on the London Stock Exchange this month, valued at £250m. Founded in 2008, Bridges has worked intensively to roll-out a group that now operates 66 gyms in the UK, with revenues of £45m last year.

The Gym has proved to be a truly disruptive business. Its flexible, affordable proposition (which includes a low monthly price point, no membership contract and 24/7 opening) has helped to attract an entirely new demographic of gym users: since 2008 it has already signed up over 360,000 members, a third of whom have never been members of a gym before. By promoting healthier lifestyles, it’s helping to tackle one of the UK’s biggest public health problems – the rise of chronic conditions linked to physical inactivity.

The company’s IPO gained significant coverage across the nationals and trade press. You can find a selection of this coverage below.

The Guardian

The Telegraph

The Independent

Real Deals

Leisure Management 

 

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