Oaktree Capital Management news

Martin Seibold, CEO of LifeFit Group, has joined Les Mills as a non-executive director. Acknowledged as one of the leading club operators in the world, ... More

Fitness First has filed a Court Order for restructuring at Companies House in the UK – the document is currently being processed, with details due ... More

German fitness operator, Life Fit Group, led by Martin Seibold, has snapped Loft Holding GmbH and its fitness brand Fitness Loft. The company has also ... More

Germany-based LifeFit Group has added regional operator Smile X to its growing portfolio of fitness brands. Smile X, described as a “high-value-low-price” operator, currently has ... More

Quadrant Private Equity has agreed to acquire Fitness First Australia from hedge fund giant Oaktree Capital Management, in a deal signed yesterday (29 September). The ... More

The long-running saga of the sale of Fitness First’s UK clubs looks to be in its final act, as up to five operators are understood ... More

The fate of Fitness First looks likely to be settled within weeks. Industry sources indicate the portfolio of clubs is likely to be split at ... More

The potential takeover of Fitness First UK by Dave Whelan’s DW Sports would mark the start of a mid-market fightback against the rise of the ... More

As predicted by Health Club Management in November, the investment giant that former Fitness First CEO Andrew Cosslett has joined as a leisure advisor has ... More

The potential sale of Fitness First UK has sparked “a significant amount of interest,” with the recovering gym chain having caught the attention of a ... More

Low cost health club chain easyGym is reportedly being prepared for a sale. According to Sky News, a sale of the 14-site gym chain is ... More

Fitness First has quietly pulled down the shutters on its BEAT microgym in Charing Cross, just weeks after the global gym chain sold its founding ... More

Fitness First has sold its Queen’s Park health club in Bournemouth – the site on which the gym chain’s 360-club global empire was founded. The ... More

Fitness First has announced it will invest £7.5m in a series of ‘Connected Fitness Labs’, which will combine professional trainer expertise with the latest fitness ... More

Former Fitness First CEO and current chair Andrew Cosslett has joined global private equity firm Advent International as an operating partner, with a brief to ... More

Speculation is mounting that Fitness First could soon be up for sale, with owner Oaktree Capital Management said to be lining up a potential suitor ... More

Fitness First is planning to sell up to 10 regional UK health clubs as the chain continues its strategic shift upmarket towards premium clubs in ... More

Fitness First CEO Andrew Cosslett – the man credited with leading the gym chain’s turnaround from the brink of bankruptcy to a resurgent business – ... More

Ikos Oceania has launched in Halkidiki, Greece – the first of two Ikos Resorts properties set to open in 2015 – with a spa by ... More

Sani Resorts and global asset management firm Oaktree Capital Management have formed a luxury resort management company called Ikos Resorts, which is set to run ... More

Health club operator Fitness First has completed its restructuring, following a turbulent two-year period during which the privately-owned group has struggled under a burden of ... More