PRINT THIS PAGE MidOcean Partners acquires UK health and fitness chain LA Fitness 19/07/2005. Source: AltAssets. 
 Middle-market private equity firm MidOcean Partners has completed the acquisition of LA Fitness, the UK health and fitness chain with 67 clubs throughout the UK, for a reported £150m.
Christian Purslow, the MidOcean partner who leads the firm's European leisure practice, said, 'LA Fitness is uniquely positioned to take advantage of the significant growth opportunities in the health and fitness market.'
'We are firmly of the view that LA Fitness, with its consistent model and emphasis on value and convenience, is a unique platform to take advantage of long-term growth trends. Fred Turok and his team at LA Fitness are recognised as one of the strongest management teams in the industry and we are pleased to partner with Fred to take LA Fitness to the next level,' Purslow continued.
Fred Turok, CEO of LA Fitness, added, 'This is an exciting time to be in the fitness business and I am eager to continue to build this business with MidOcean's support. MidOcean has significant prior experience in the leisure sector and brings unique expertise on the client management and marketing side of the business which will be critical as we expand our operations and product offerings.'
MidOcean Partners, based in New York and London, focuses on the consumer and leisure, media and communications, business services, financial services and industrial sectors.
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