Travers Smith private equity partners, Phil Sanderson and Edmund Reed, advised the shareholders of Pure Gym on the sale and the management team on the reinvestment in the new Group.

The team includes senior corporate associate, Sonal Patel, corporate associates, Genna McDermott and Andrew Gardiner, tax partner, Kathleen Russ, senior tax counsel, Hannah Manning and tax associate, Richard Wild.

About Pure Gym

Pure Gym was established in 2008 by leisure entrepreneur, Peter Roberts, who has been a key driving force behind the growth of the affordable fitness sector, with the popularity of low cost gyms continuing to rise.  The company is known for not burdening its members with contractual commitments as it offers membership from £10.99 a month with no fixed contract, and members have access to gyms 24 hours a day, seven days a week.

CCMP Capital are being represented by Ross Allardice and Andrej Wolf of Kirkland & Ellis.

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