Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? June 24, 2024 Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.
IWG share price jumps 20 per cent after talks of takeover from Lonestar, Starwood Capital and TDR Capital May 14, 2018 Shares in serviced office firm International Workplace Group (IWG) jumped more than 20 per cent this morning after it was revealed that the company was in talks for a full share takeover. The company confirmed on Friday that it had interest from three seperate private equity firms: Lonestar, Starwood Capital and TDR Capital over the [...]
Odey bets against £1.9bn BCA takeover June 23, 2019 Star hedge fund manager Crispin Odey upped his bet against BCA Marketplace this week, even as the company’s shares soared on a takeover approach. Odey, who believes the deal will likely fall through, is preparing to cash in. Read more: City hedge fund giant Crispin Odey backs emerging fintech startup Jumo His firm, Odey Asset [...]
IWG boss mulling £2.2bn break-up of serviced office space business November 3, 2018 The world’s largest serviced office space provider is mulling a £2.2bn split which could result in swathes of the company’s international portfolio being sold off, according to Sky News. Mark Dixon, who runs IWG and founded the company under its original Regus brand, is said to be weighing up plans to split the firm into two [...]
In-demand shared office firm IWG rejects offer from US investor Prime Opportunities May 29, 2018 Shared office space firm IWG has rejected an offer from Los Angeles-based property investor Prime Opportunities, just two weeks after it confirmed it had received offers from a trio of other firms. Prime Opportunities said that it had led a consortium which made a cash offer for the entire business, but that IWG had dismissed [...]
IWG open to talks with private equity firms over potential takeover May 13, 2018 Serviced office firm International Workplace Group (IWG) is understood to be receptive to a full-share takeover after it was approached by three separate private equity firms over a potential deal. Formerly called Regus, IWG is expected to start talking to Lonestar, Starwood Capital and TDR Capital over the potential sale. On Friday, IWG put out [...]
David Lloyd investor ICG Enterprise Trust makes record proceeds and outperforms October 9, 2017 Listed private equity fund the ICG Enterprise Trust has announced it generated record proceeds in the first half of this year, receiving £117m from the sale of various investments. The trust, which invests in other private equity funds as well as making its own investments alongside funds, increased the underlying value of its portfolio to [...]
Gym group David Lloyd is for sale March 5, 2017 David Lloyd owners are preparing to sell the gym chain for £1.3bn, according to The Telegraph. A sale of the gym group, which runs 83 clubs in the UK and 12 in the Netherlands, Belgium and Spain, is expected to draw considerable interest from private equity investors. However, the sale cannot proceed until a prior [...]
After Brexit fears, Stonegate Pub Company toasts to sales growth over festive season January 5, 2017 Stonegate Pub Company today announced strong performance over the festive period despite fears of a tougher market after Brexit. The UK's leading privately owned managed pub company said total like-for-like sales grew 5.7 per cent in the four-week period from 5 December to 1 January following strong performance last year. Stonegate operates 691 drinks-led pubs and bars, including high [...]
Permira in race to buy UK debt collector Lowell Group for £1bn July 26, 2015 PRIVATE equity firm Permira is the frontrunner to acquire Lowell Group, the Leeds-based debt collection company. The group, which currently owns businesses like Dr Martens, is in talks to acquire Lowell for about £1.1bn from current owner TDR Capital. Ontario Teachers’ Pension Plan also owns a big minority stake in the firm. Lowell buys packages [...]