Is Esporta Owned By La Fitness?
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If you’re a fan of the La Fitness gym chain, you might be wondering if Esporta is also owned by them. Unfortunately, the answer is no – Esporta is a separate company. However, both La Fitness and Esporta offer a variety of services and amenities that make them great choices for those looking to get fit and stay healthy.
What is Esporta?
Esporta is a chain of health clubs in the United Kingdom, with its head office in Staines-upon-Thames, England. The company is a subsidiary of the American company La Fitness.
What is La Fitness?
La Fitness is a gym that offers various types of exercise and fitness classes. They have locations all over the United States. Esporta is a company that specializes in washing and sanitizing sports equipment. They are based in the United Kingdom but have locations in the United States as well. La Fitness does not own Esporta.
The History of Esporta
Esporta was founded in 1997 by Tim Robert and Simon Brown. The company originally started out as a small gym chain in the United Kingdom but has since grown to become one of the largest health and fitness companies in the world. Esporta now has over 600 clubs across 20 countries and employs over 8,000 people.
In 2006, Esporta was acquired by private equity firm Bridgepoint Capital for £450 million. Bridgepoint Capital then sold Esporta to the British private equity firm Permira in 2009 for £525 million. La Fitness then acquired Esporta from Permira in 2012 for £650 million.
The History of La Fitness
La Fitness was founded in 1984 by Chin Yi and Louis Welch. The company began as a small operation with just a few locations in Southern California. Today, La Fitness is one of the largest fitness chains in the United States with over 700 locations nationwide.
While La Fitness has always been a privately-owned company, it has had a few different owners over the years. In 1999, the company was acquired by Forstmann Little & Co., a private equity firm, for $1.6 billion. La Fitness was then sold to TheBlackstone Group in 2005 for $2.7 billion. In 2012, Apollo Global Management acquired a majority stake in La Fitness for $1 billion.
So, is Esporta owned by La Fitness? No, Esporta is not currently owned by La Fitness. However, at one point in time, La Fitness did own a majority stake in the company.
The Relationship Between Esporta and La Fitness
Esporta is a health and fitness club that is owned by La Fitness. La Fitness is a national chain of fitness clubs that is based in the United States. Esporta has been in operation since 1998 and has been owned by La Fitness since 2006.
The Acquisition of Esporta by La Fitness
In 2006, La Fitness International LLC (“LFI”), a California-based private company, acquired Esporta Health Clubs, Inc. (“Esporta”), a national operator of family fitness and racquet clubs. The purchase price was reportedly $145 million. LFI is a subsidiary of investment firm KKR & Co. LP. KKR also owns other fitness companies, including Bally Total Fitness and Life Time Fitness.
The Partnership Between Esporta and La Fitness
Esporta is the exclusive operator of premium fitness clubs for La Fitness International, LLC. The companies have been partners since 2006. Under the terms of the agreement, Esporta operates and manages La Fitness Signature Clubs nationwide.
The La Fitness Signature Club concept was developed by Esporta and includes state-of-the-art equipment, world-class personal trainers, and a wide variety of group exercise classes. We are proud to offer our members an unparalleled fitness experience that helps them achieve their fitness goals.
The Benefits of the Partnership Between Esporta and La Fitness
The partnership between Esporta and La Fitness brings many benefits to both companies. Esporta is able to offer its members access to a larger network of facilities, while La Fitness gains a foothold in the growing esporta market.
The partnership is also beneficial for customers of both brands. Esporta members now have access to La Fitness facilities, while La Fitness members can take advantage of Esporta’s expertise in the esporta market.
So what exactly is esporta?
Esporta is a rapidly growing sport that involves physical activity and competition between two or more players. It can be played in teams or individually, and can be done in person or online.
La Fitness is one of the largest fitness chains in the United States, with over 700 locations across the country. It offers a wide range of services and amenities, including group fitness classes, personal training, and weight loss programs.
The Future of Esporta and La Fitness
As of right now, Esporta is not owned by La Fitness. However, this could potentially change in the future as the two companies have been in talks about a possible merger. If the merger does go through, it would create one of the largest fitness companies in the world. La Fitness currently has over 700 locations worldwide, while Esporta has over 100. This would give the combined company a significant presence in both North America and Europe.