Exercise Professionals - 1Rebel begins London expansion after securing £6.6m in funding...
21 Jan 2018 Exercise professionals: News, jobs and training
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

08 Nov 2017

1Rebel begins London expansion after securing £6.6m in funding
BY Rob Gibson

1Rebel co-founders Giles Dean (left) and James Gilmour will open four new clubs early next year, with more to follow

1Rebel co-founders Giles Dean (left) and James Gilmour will open four new clubs early next year, with more to follow
photo: 1Rebel

Boutique fitness brand 1Rebel will accelerate its London expansion plans after raising £6.6m in funding from private equity firm Codex Capital.

Speaking to Health Club Management, 1Rebel co-founder James Balfour revealed that four new clubs will open in the first quarter of 2018 – taking the total number of sites to six – with more to follow throughout the year.

“1Rebel is going from strength to strength and this funding gives us enough capital to really push the business,” said Balfour.

“We’ve worked hard over the past two years to establish the brand and now we want to leverage that by growing and taking the business pan-London, expanding into central-west.

“The great thing about our backers is they’re very strategic in terms of property and retail so it takes us to a new level. We want to focus on being the best in class in central London.”

Codex Capital Partners is a private equity boutique which secures direct investments from family offices and other wealthy people, with a number of billionaire UK families on its books.

The investment comes as 1Rebel closed deals to develop new sites at Victoria, Bayswater and South Bank Central, opposite the boutique Mondrian Hotel at Sea Containers. It is still in negotiations to secure a fourth site, yet be disclosed.

The new sites will deliver 1Rebel’s three main fitness sessions: Ride, Rumble and Reshape. Its portfolio already includes Broadgate and St Mary Axe clubs.

“The market can expect some really interesting designs from us going forward,” said Balfour. “We’ll continue to push the envelope.”

He added that the brand’s advocates, which it calls the ‘Rebel Army’, continue to grow, demonstrated by increasing engagement across the company’s social media accounts – particularly Instagram.



Connect with
Exercise Professionals
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Government policy on fitness and wellbeing in Wales set for scrutiny
Government policy on fitness and wellbeing in Wales set for scrutiny   20 Jan 2018

Baroness Tanni Grey-Thompson has been named as a keynote speaker for the Getting Wales Moving conference, which will scrutinise Welsh government .... more>>
UK appoints minister to tackle loneliness
UK appoints minister to tackle loneliness   19 Jan 2018

Theresa May has appointed minister for sport and civil society Tracey Crouch to a newly created position as minister for loneliness. The move .... more>>
PilatesPT founder Hollie Grant takes up residence at Mandarin Oriental London
PilatesPT founder Hollie Grant takes up residence at Mandarin Oriental London   19 Jan 2018

Mandarin Oriental Hotel Group has teamed up with PilatesPT founder Hollie Grant to offer a menu of holistic and bespoke programmes at its Hyde Park .... more>>
Fitness app Sweatcoin receives US$5.7m backing
Fitness app Sweatcoin receives US$5.7m backing   18 Jan 2018

A fitness app that rewards people who are physically active has secured financial backing of US$5.7m (£4.1m, €4.7m) to help boost its presence .... more>>
Planet Fitness to enter Mexico exercise market
Planet Fitness to enter Mexico exercise market   17 Jan 2018

Planet Fitness will continue to grow its brand internationally by entering the Mexican fitness market this year. Due to open this spring in Santa .... more>>
David Lloyd Leisure continues European growth with first French club
David Lloyd Leisure continues European growth with first French club   17 Jan 2018

David Lloyd Leisure (DLL) has announced plans for further expansion into Europe after exchanging contracts for its first health club in France. The .... more>>
Company profile


Life Fitness

Our mission is to develop the fitness solutions that get the world moving, and our strong heritage and collection of successful brands illustrates our commitment to delivering the best products.

View full profile>>

Catalogue gallery


Featured Supplier

Sothys introduces new NO2ctuelle range, a technology-packed formula for ultra-effective night-time targeting

Sothys introduces new NO2ctuelle range, a technology-packed formula for ultra-effective night-time targeting

Skin suffers every day from numerous external aggressions, including sleep deprivation, stress and pollution. Sothys tackles this problem with its night range. More>>




in this issue

• English clubs dominate football index
• Fiit to disrupt with £2.4m seed funding
• Mandarin Oriental plans Mayfair hotel



Latest jobs

Jobs Search



Host
Location: Winchester
Company: energie group
General Manager
Salary: up to £37,000 + c20% bonus + optional PT income
Location: Sutton, United Kingdom
Company: The Gym Group
Female PT, Pilates and Yoga Coach
Salary: IRO £2,250 per month (tax free)
Location: London, United Kingdom
Company: SportsJobs4Women
Female Group Exercise and PT Coach
Salary: IRO £2,250 per month (tax free) + end of year bonus
Location: London, United Kingdom
Company: SportsJobs4Women
Diary dates
Powered by leisurediary.com




23-25 Jan 2018

BIGGA Turf Management Exhibition (BTME)

Harrogate Convention Centre, Harrogate, United Kingdom


24-25 Jan 2018

ARCHITECT@WORK - UK

Olympia London, London, United Kingdom



Health Club Management magazine 2018 issue 1
Health Club Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Talking point: Picture perfect
We discuss if it’s time for gyms to stop using images of unrealistically perfect physiques in marketing materials More>>
  Fitness-kit.net: Product innovation
Technogym and Versaclimber are among the latest fitness products on the market More>>


Health Club Management magazine 2017 issue 11

Health Club Management
2017 issue 11

View issue contents
View turning pages
Download PDF
  Promotional feature: Matrix
Connected solutions More>>
  Interview: BodySPace
Luxury London spa ESPA Life at Corinthia recently launched a tech-centred hybrid fitness and wellness concept: BodySPace. We meet the duo behind it More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd