Pure Gym, the Leeds-based chain of low cost gyms, is understood to have appointed investment bank Rothschild to review its options, including an Initial Public Offering (IPO)
The Yorkshire Post understands that a potential IPO is not imminent...
Pure Gym was founded with two clubs in Leeds and Manchester in 2009 by leisure entrepreneur Peter Roberts.
In 2013, private equity firm CCMP Capital Advisors bought a majority stake in the business. It currently has around 137 gyms, following a period of rapid expansion.