Jump In seeks growth in “affluent catchments” after securing Santander funding
Indoor trampoline organisation Jump In is planning to establish several new sites across “affluent” parts of the UK after securing a funding package via Santander’s Growth Capital.
The company is keen to expand to London Poole Harrogate, Scotland and the West Midlands, and is expecting to open an arena in Aberdeen in early 2017.
Jump In has an existing estate of four arenas in Slough, Tonbridge, Warwick and Enfield, which offer jumping, fitness and free-running classes for adults and children.
The expansion project is expected to take place over the next 12-18 months.
Vernon West, executive chair at Jump In, said the funding enabled the operator to “reap the benefits of scale” and “increase competitive strength”.
“We will continue to invest carefully and will not deviate from our focus on affluent catchments where we can be the only show in town,” he added.
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