Britain’s biggest fitness club franchise is limbering up for an estimated £50m sale after appointing financial advisers to help it to assess its options.
Énergie Fitness, founded by Jan Spaticchia, the health and fitness sector entrepreneur, has hired Clearwater International and Canaccord Genuity to launch the search for a new financial partner.
Spaticchia, chairman and chief executive, launched the low-cost business in 2003. Today it has 101 clubs operated by franchisees, with 135,000 members and total sales of about £30m. It is opening new clubs at the rate of 25 to 30 a year.
