Cannons Health Clubs
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Cannons Health Clubs - overview
Location
-, Surrey, UK
Primary Industry
Travel & Leisure
About
Cannons Health Clubs operates fitness centers across the UK, offering diverse health and wellness services aimed at enhancing physical fitness and overall well-being for its members. Cannons Health Clubs is a UK-based company specializing in health and fitness services. Originally founded to provide fitness solutions, it underwent a significant change in ownership when Nuffield Hospitals acquired the company from Silverfleet Capital and RBC Capital Partners in February 2008. The headquarters are located in the UK.
The most recent funding round was a Secondary Buyout amounting to GBP 360. 00 mn, and the total amount raised by the company also stands at GBP 360. 00 mn. The company has completed a total of 7 deals, with the most recent deal date being February 19, 2008.
Cannons Health Clubs specializes in providing high-quality health and fitness solutions tailored to specific client needs. Their offerings encompass a range of fitness services, designed to address various health challenges faced by members, focusing on enhancing physical fitness and well-being. The company serves a diverse clientele across the UK, emphasizing quality and member satisfaction in its operations. In the most recent year of 2021, Cannons Health Clubs reported no revenue.
However, it is noteworthy that the EBITDA for 2022 was recorded at GBP -70,501. 40. Cannons Health Clubs is focusing on expanding its service offerings and enhancing member experiences. Plans include the design and launch of new fitness programs aimed at attracting a broader demographic by the end of 2022.
The recent funding from the GBP 360. 00 mn Secondary Buyout will support these initiatives, improving facilities and expanding marketing efforts to reach new customer segments.
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities
Website
www.cannons.co.uk
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Cannons Health Clubs - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 52,000 | (21,000) | (675,000) | 34,722,000 | 4,053,000 | (32,000) | (32,000) | (29,000) | (37,000) | (39,000) | (39,000) | (38,000) | - | - | - |
| Operating Income (USD) | (122,000) | (195,000) | (848,000) | 34,722,000 | 4,053,000 | (32,000) | (32,000) | (29,000) | (37,000) | (39,000) | (39,000) | (38,000) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (6,657,000) | (6,957,000) | (7,768,000) | 79,927,000 | 4,085,000 | - | - | 3,000 | - | - | - | - | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cannons Health Clubs - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Cannons Health Clubs | - | ||||||||
| Trade Sale | Completed | Cannons Health Clubs | - | ||||||||
| Secondary Buyout | Completed | Cannons Health Clubs | - | ||||||||
| Buyout | Completed | Cannons Health Clubs | - | ||||||||
| IPO | Completed | Cannons Health Clubs | - |
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