Pure Gym appoints advisers as it considers IPO

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)

Monday, 18th January 2016, 9:09 am
Updated Monday, 18th January 2016, 3:19 pm
Peter Roberts, of Pure Gym

The Yorkshire Post understands that a potential IPO is not imminent...

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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.