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Stalker and Turok target nationwide rollout for trampolining venture
POSTED 16 Mar 2015 . BY Jak Phillips
David Stalker (left) will be CEO of Altitude, with Fred Turok as chair
ukactive veterans David Stalker and Fred Turok are aiming to stay anything but grounded as they prepare for life after the physical activity organisation, by embarking on a mission to create a nationwide trampolining empire.

The project, which Stalker first revealed to Health Club Management last month, will see the pair helm wall-to-wall trampolining concept Altitude, with plans to open a minimum of 12 sites across the UK over the next two years.

The duo have already raised in excess of £2.5m for the venture, with support from both Radius Equity and Jacaranda Capital Partners. The first Altitude site has been secured in West Acton – anticipated to open in summer 2015 – followed by a planned second park in November 2015.

Outgoing ukactive chair Turok and CEO Stalker (who is due to leave in June) will replicate these roles in their new business. With Altitude, they will seek to mirror the success witnessed in the US and Australia markets, where more than 350 trampoline parks have sprung up following their first launch in 2004.

“We see a terrific opportunity not only to create the next successful evolution in leisure, but to also assist in our long held quest to make Britain healthier,” said Turok, citing NASA research which found 10 minutes bouncing on a trampoline is a better cardiovascular workout than 33 minutes of running.

“There are obvious health benefits and parks are proven overseas to be commercially viable on a big scale. We now have our funding in place, our operations are being developed and we are excited for a successful rollout which will see a fitter Britain and a commercial success in the making.”

Each Altitude park will be in the range of 20,000 to 40,000sq ft and will comprise more than 100 trampolines, allowing participants to bounce of the walls and floors. Altitude will cater for all ages and abilities as participants will be able to try a wide range of activities including Parkour, gymnastics, and boutique fitness classes. Each park will also collaborate with local schools to offer children’s activities, holiday camps and parties.
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Jobs    News   Products   Magazine
NEWS
Stalker and Turok target nationwide rollout for trampolining venture
POSTED 16 Mar 2015 . BY Jak Phillips
David Stalker (left) will be CEO of Altitude, with Fred Turok as chair
ukactive veterans David Stalker and Fred Turok are aiming to stay anything but grounded as they prepare for life after the physical activity organisation, by embarking on a mission to create a nationwide trampolining empire.

The project, which Stalker first revealed to Health Club Management last month, will see the pair helm wall-to-wall trampolining concept Altitude, with plans to open a minimum of 12 sites across the UK over the next two years.

The duo have already raised in excess of £2.5m for the venture, with support from both Radius Equity and Jacaranda Capital Partners. The first Altitude site has been secured in West Acton – anticipated to open in summer 2015 – followed by a planned second park in November 2015.

Outgoing ukactive chair Turok and CEO Stalker (who is due to leave in June) will replicate these roles in their new business. With Altitude, they will seek to mirror the success witnessed in the US and Australia markets, where more than 350 trampoline parks have sprung up following their first launch in 2004.

“We see a terrific opportunity not only to create the next successful evolution in leisure, but to also assist in our long held quest to make Britain healthier,” said Turok, citing NASA research which found 10 minutes bouncing on a trampoline is a better cardiovascular workout than 33 minutes of running.

“There are obvious health benefits and parks are proven overseas to be commercially viable on a big scale. We now have our funding in place, our operations are being developed and we are excited for a successful rollout which will see a fitter Britain and a commercial success in the making.”

Each Altitude park will be in the range of 20,000 to 40,000sq ft and will comprise more than 100 trampolines, allowing participants to bounce of the walls and floors. Altitude will cater for all ages and abilities as participants will be able to try a wide range of activities including Parkour, gymnastics, and boutique fitness classes. Each park will also collaborate with local schools to offer children’s activities, holiday camps and parties.
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Snap Fitness' holding company – Lift Brands – is up for sale
Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company –  owner of Snap Fitness and Fitness On Demand – is up for sale.
Planet Fitness increases price of basic membership for first time in over 20 years
Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using cash.
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
Xponential Fitness today indefinitely suspended founder and CEO, Anthony Geisler, saying it had been notified on 7 May that the company is facing a legal challenge by the United States Attorney’s Office for the Central District of California.
Fast Fitness Japan acquires master franchisee rights to Anytime Fitness Germany
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Empower your team, transform your service – elevate with coaching workshops
In today's competitive fitness landscape, the key to success lies not only in providing exceptional facilities but also in cultivating meaningful interactions with members. [more...]

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Places Leisure is a leading leisure centre operator with a mission to create active places and healthy people for communities to thrive. [more...]
+ More featured suppliers  
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Physical is the UK’s go-to, one-stop shop for commercial grade fitness equipment and flooring, with [more...]
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CATALOGUE GALLERY
+ More catalogues  

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18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
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European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
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