Énergie Appoints Investment Advisors as it Prepares for Growth

énergie Fitness provides the opportunity to build a thriving business in the fast-growth health and fitness sector
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énergie Fitness

  Opportunities:
In the UK
  Business Type:
Franchise
  Minimum Investment:
£120,000
  Training Provided:
Yes
  Home-based:
Yes
  Part time:
Yes
  BFA Membership:
Member - Associate

énergie fitness (“énergie”), the UK market leader in budget fitness club franchising, is positioning to deliver an aggressive rollout of its market leading concept.

energie Fitness Franchise

Jan Spaticchia, Chairman and CEO, and co-founder of énergie, commented: “Our presence in the high growth budget segment of the fitness club market, our new and exciting boutique-style offering ‘thé YARD’, and our pioneering franchise business model positions us at the nexus of three highly attractive areas of the fitness and wellness market.

“After refining the brand and business model over several years, we believe that now is the right time to aggressively accelerate our growth plan. As such, we have appointed Clearwater International and Canaccord Genuity as financial advisors to assist us with a strategic review as we look to select a new financial partner.”

Founded in 2003, énergie is the largest and fastest growing budget fitness franchise group in the UK with 106 clubs open and in presale, c£30m network turnover and over 135,000 members across the UK, Republic of Ireland and Europe. énergie grants between 30 and 40 new franchises every year and already has 26 clubs scheduled for opening in 2018. énergie pioneered fitness club franchising in the early 2000’s before any of the new entrants from the USA and Australia had entered the market. Understanding the huge growth potential of the budget fitness market, énergie has developed a strong foothold and market-leading position.

It is clear in particular from the USA and Australian markets that the ‘fast growth / low capital’ franchising model provides a significant competitive advantage. This, in turn, creates an incredible platform for growth.

It is anticipated that a new financial partner will provide liquidity for legacy shareholders who are currently invested in the business, whilst also providing growth capital. The management team, which has recently announced the addition of industry veteran Neil King as COO, are expected to remain shareholders in the business.

Clearwater International is an award-winning, independent, mid-market corporate finance firm, with 15 offices across Europe, North America and Asia. Clearwater International recently advised Fitness Hut (Portuguese low-cost gym group) on its investment from Viva Gym and previously advised Gymbox on its growth capital investment from BGF.

Canaccord Genuity is an independent, full service financial services firm with offices in 10 countries worldwide. Canaccord Genuity previously advised LA Fitness on its sale to Pure Gym.

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