In July 2004, LGV acquired Total Fitness for an undisclosed amount, backing the existing management team, led by Managing Director, Robin Johnson and Finance Director John Peers. Total Fitness is an operator of 24 health and fitness centres located mainly in the North West of England and has more than 180,000 members operating in the value end of the market. The Company offers a wide range of services to its members through large purpose built centres, which typically incorporate a large gymnasium, exercise studios, a range of four swimming pools and spa facilities. In addition, several centres include 200m 4-lane indoor running tracks.
Over the period of LGV’s investment, Total Fitness has opened 3 new leasehold sites and in 2007, a refinancing was put in place. In May 2007, Bob Wiper, former CEO of Stanley Leisure, joined the Board as chairman.
