Bidders line up with offers for Pure Gym
![](https://www.leisureopportunities.co.uk/images/14158_137373.jpg)
Bidders have reportedly tabled offers for the UK’s biggest health and fitness group Pure Gym after the deadline closed on Thursday (21 September).
KKR is among a group of investors interested in what is believed to be “a £600m-plus [US$808.5m, €684m] auction” of the fitness chain, according to Sky News.
The potential sale of Pure Gym, which has 180 clubs nationwide, comes a year after the company abandoned an initial public offering (IPO).
In September 2016, Humphrey Cobbold, Pure Gym chief executive, said the operator was “ready to become a listed company” and that it would be using the IPO to raise £190m (US$237m, €220.6m). However, a month later Cobbold told Health Club Management that it had withdrawn its plans due to challenging market conditions.
The abandoned IPO cost the group £6.8m (US$8.48m, €7.9m).
US private equity firm CCMP Capital Advisors has been a controlling shareholder of the chain since 2013.
Pure Gym declined to comment.
![](https://www.sportsmanagement.co.uk/images/SMlogoSmall.jpg)
Recreation Assistant (Dry Site)
Party Leader
Recreation Assistant/Lifeguard (NPLQ required)
Fitness Consultant Grade 3
Commercial Manager
Receptionist
General Manager
General Manager
Swim Teacher
Customer Service Advisor
Team Leader
Swim Teacher
Swimming Teacher
Swimming Teacher
Company profile
![Company profile: Technogym UK Ltd Company profile: Technogym UK Ltd](https://www.leisureopportunities.co.uk/images/2021/445031_761632.jpg)
Featured Supplier
![Developing tomorrow’s champions: BLK BOX and Cardiff Met’s Archers Performance Centre Developing tomorrow’s champions: BLK BOX and Cardiff Met’s Archers Performance Centre](http://www.leisureopportunities.co.uk/images/2024/THUMB353688_659798_756339.jpg)
Property & Tenders
Company: Jersey War Tunnels
Company: Savills
Company: Cotswold Lakes Trust
Company: Knight Frank
Company: Belvoir Castle