Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13746)           
UK only International

United Fitness Brands acquires Barrecore, growing 'super group' portfolio to three brands

By Tom Walker    27 Apr 2021
Barrecore will now be owned by UFB, which is backed by Pembroke VCT, Nectar Capital Dominvs Group, and chaired by David Lloyd / Barrecore/UFB
United Fitness Brands (UFB) is a recently launched ‘supergroup’ of boutique fitness brands
Barrecore will become the third brand in UFB's portfolio, joining Boom Cycle and KOBOX
The acquisition will extend the UFB estate to more than 20 sites
UFB says it has plans for "immediate expansion" upon COVID-19 restrictions lifting

United Fitness Brands (UFB), the recently launched ‘supergroup’ of boutique fitness brands, has acquired Barrecore, the barre studio operator.

Barrecore will become the third brand in UFB's portfolio – joining Boom Cycle and KOBOX – and adds 12 sites to the group's estate.

The acquisition will extend the UFB portfolio to more than 20 sites and – thanks to Barrecore's studios in Alderley Edge, Hale and Bristol – will establish it as a national operator.

Founded in 2011, Barrecore is currently in the process of opening its 13th location in Leeds.

Barrecore has attracted a celebrity following, with the likes of Pippa Middleton, Claudia Schiffer, Rita Ora and Poppy Delevingne being fans of the workouts.

Joe Cohen, CEO of UFB, said: "Barrecore has established itself as a premium fitness and

wellbeing brand over the past decade, and we’re very excited to now have it under the UFB umbrella.

"We will have the opportunity to further improve the incredible work the team at Barrecore has done so far and we look forward to creating new synergies and best processes for all brands with our vast collective knowledge in this industry."

Barrecore will now be owned by UFB, which is backed by Pembroke VCT, Nectar Capital Dominvs Group, and chaired by David Lloyd, founder of David Lloyd Leisure Clubs.

The group has outlined plans for "immediate expansion" upon COVID-19 restrictions lifting, with KOBOX opening its fourth studio within one of Boom Cycle’s current locations in Waterloo, London.

Meanwhile, Barrecore will open on the first floor of KOBOX’s flagship studio on the King’s Road, Chelsea, London.

Both studios are set for a Q2 2021 launch.

Preet Ahluwalia, director of Dominvs Group, said: "We're supporting UFB asthey build a fiercely disruptive fitness supergroup, bringing together many of the country's finest brands.

"As investors, we have always been drawn to businesses run by ambitious people with deep sector expertise and strong visions, and the team behind UFB have these traits in abundance."

Within the UFB group, each brand will continue to be run by their expert teams under a senior management team at UFB.

Scott Rudmann, founder and managing partner of Nectar Capital, said: “Keeping each brand operating with a separate identity and its own DNA allows for the experts in each fitness vertical to do what they do best.

"The support, connections, and combined central resources means each marketing investment goes further, there are greater economies of scale, and this creates an automatic forum for sharing ideas amongst the most talented fitness executives."

UFB was launched this year, after the founders of indoor cycling studio operator Boom Cycle teamed up with the owners of 'fight club meets nightclub' boxing studio, KOBOX.

Hilary Rowland, co-founder of Boom Cycle and one of the driving forces behind UFB, said: "United Fitness Brands will be on the lookout for brands to join the group that mean more than just a workout to their communities; brands that create collective effervescence and positive escapism – both of which are needed now more than ever.

"This is just the beginning, and we’re excited to start building from here.”

• To read an interview with the founders of UFB, click here for HCM Issue 3/2021.

KOBOX  Boom Cycle  Barrecore  United Fitness Brands 
Sign up for FREE ezines
Related news
Related features
Sports jobs

Assistant Regional Director

Parkwood Leisure
Salary: £60,000pa +10% bonus + company car + benefits
Location: London, UK

Sport Centre Team Leader

Harrow School
Salary: £29,500pa + pension + benefits
Location: Harrow, UK

Team Leader BSV

Everyone Active
Salary: £26,175.00
Location: Basildon

Lifeguard/Recreation Assistant

Everyone Active
Salary: £23,856
Location: Basildon

Casual Swim Teacher

Everyone Active
Salary: £18.50 per hour
Location: Basildon

Team Leader

Everyone Active
Salary: £25,925.00
Location: Brentwood

Lifeguard/Recreation Assistant

Everyone Active
Salary: £23,856
Location: Brentwood

Leisure Centre Deputy Manager

Colfe's School
Salary: £Competitive + pension + benefits
Location: Blackheath, London, UK

Duty Manager

Everyone Active
Salary: Competitive
Location: Middlesbrough
recruiting with sports management

Duty Manager Golf and Athletics

Active Luton
Salary: £30,027pa + non-contrib pension + benefits
Location: Stockwood Park Golf Club, London Road, Luton, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough

Cleaning Assistant

Everyone Active
Salary: Competitive pay rates
Location: Gainsborough

Duty Manager

Everyone Active
Salary: Competitive
Location: Gainsborough

Centre Manager (Leisure)

Exeter City Council
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK

Director of Operations

Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK
recruiting with sports management

Fitness Motivator

Everyone Active
Salary: Competitive
Location: Lutterworth

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: 9.50 ph
Location: Lutterworth

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Rickmansworth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Watford, UK
Swimming Teacher jobs  duty manager jobs  Team Leader jobs  recreation assistant jobs  Swim Manager jobs  general manager jobs 
More jobs

Company profile

Company profile: GLL
GLL
As the UK’s leading provider of both leisure centres and libraries, GLL operate nearly 400 locations all helping to make a real difference to local communities and local people.
View full profile >
More company profiles

Featured Supplier

Group exercise complaints now a thing of the past for Reynolds Group
Complaints about group exercise have become a thing of the past for the Reynolds Group thanks to its partnership with CoverMe, a digital platform that simplifies group exercise and PT management for clubs and instructors.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
08-08 Jun 2024
Worldwide, Various
More diary dates