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4 Global IPO values the business at £24m
11 Jan 2022 . BY Tom Walker
4 Global is involved with the Moving Communities initiative, which is supporting the activity sector through the pandemic. / Shutterstock/Microgen
4 Global – a partner in the Moving Communities initiative – has completed an initial public offering (IPO) on the London Stock Exchange's Alternative Investment Market, valuing the business at £24m.

The Moving Communities monitoring and evaluation tool was launched by Sport England in early 2021, to enable decision-makers to understand the impact of the government’s £100m National Leisure Recovery Fund in helping public sector sports, fitness and recreation facilities through the COVID-19 crisis.

Moving Communities is also creating an evidence base for local and national decision-making.

Other contributors to the project include Leisure-net Solutions, the Sport Industry Research Group at Sheffield Hallam University, Max Associates and Quest.

In addition to working on sector research projects, such as Moving Communities, 4 Global specialises in physical activity measurement services and provides digital solutions and insight projects in the UK and overseas.

The company uses its proprietary data and software solutions to convert data into actionable insight, which in turns enables clients – which include the likes of Sport England – to promote sports participation, reduce physical inactivity and achieve positive outcomes.

On listing day, the company had a market capitalisation of around £24m, following a successful placing and subscription to raise £4m at an issue price of 91 pence per share.

According to Eloy Mazon, CEO, the company will use the investment to accelerate growth, which includes acquiring complementary businesses and product lines, as well as further development of its technology platform.

"This is an important step in our growth journey as we scale the business and continue to aid our clients in the promotion of sports participation," Mazon said.

"We believe that the combined expertise of our board will enable us to maximise opportunities and admission to the AIM market will provide us with the credibility and access to capital to support our growth.

“We're at a pivotal and exciting point in the company’s development, and we very much look forward to welcoming new investors as shareholders in this compelling business and working with all our stakeholders to achieve our goals."





The data, software and consultancy company specialises in physical activity measurement services / Credit: IFC Advisory/4Global
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Jobs    News   Products   Magazine
PRODUCT NEWS
4 Global IPO values the business at £24m
11 Jan 2022 . BY Tom Walker
4 Global is involved with the Moving Communities initiative, which is supporting the activity sector through the pandemic. / Shutterstock/Microgen
4 Global – a partner in the Moving Communities initiative – has completed an initial public offering (IPO) on the London Stock Exchange's Alternative Investment Market, valuing the business at £24m.

The Moving Communities monitoring and evaluation tool was launched by Sport England in early 2021, to enable decision-makers to understand the impact of the government’s £100m National Leisure Recovery Fund in helping public sector sports, fitness and recreation facilities through the COVID-19 crisis.

Moving Communities is also creating an evidence base for local and national decision-making.

Other contributors to the project include Leisure-net Solutions, the Sport Industry Research Group at Sheffield Hallam University, Max Associates and Quest.

In addition to working on sector research projects, such as Moving Communities, 4 Global specialises in physical activity measurement services and provides digital solutions and insight projects in the UK and overseas.

The company uses its proprietary data and software solutions to convert data into actionable insight, which in turns enables clients – which include the likes of Sport England – to promote sports participation, reduce physical inactivity and achieve positive outcomes.

On listing day, the company had a market capitalisation of around £24m, following a successful placing and subscription to raise £4m at an issue price of 91 pence per share.

According to Eloy Mazon, CEO, the company will use the investment to accelerate growth, which includes acquiring complementary businesses and product lines, as well as further development of its technology platform.

"This is an important step in our growth journey as we scale the business and continue to aid our clients in the promotion of sports participation," Mazon said.

"We believe that the combined expertise of our board will enable us to maximise opportunities and admission to the AIM market will provide us with the credibility and access to capital to support our growth.

“We're at a pivotal and exciting point in the company’s development, and we very much look forward to welcoming new investors as shareholders in this compelling business and working with all our stakeholders to achieve our goals."





The data, software and consultancy company specialises in physical activity measurement services / Credit: IFC Advisory/4Global
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Danny Williams, Michael Griffiths and Reshmin Chowdhury take up TRAINFITNESS’ free PT courses
2021 has been dubbed the year of the ‘Great Resignation’, with numerous people in the UK reassessing their career path.
Double Olympic Champion Rebecca Adlington breaks ground ahead of new Rainham Leisure Centre
Everyone Active has got the New Year off to a flying start as it begins work on the brand new Rainham Leisure Centre.
Jonny Curley joins Alliance Leisure
To kick off the new year, Alliance Leisure has announced the appointment of industry heavy- weight, Jonny Curley, to drive leisure development across Scotland.
Innovative experience TAGactive launched at Everyone Active
Everyone Active opened its first TAGactive Arena at Lammas Leisure Centre on Bank Holiday Monday, January 3.
Future Fit strengthens commitment to sector with Future Fit Group
After more than 28 years of successful growth and development, and over 50,000 learners trained, training provider Future Fit Training has become part of the newly formed Future Fit Group.
Everlast expand into gyms with inaugural opening in Denton
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True Fitness names Matt Hacker new chief of operations
True Fitness, manufacturer of commercial cardio and strength equipment since 1981, has appointed Matt Hacker as chief operating officer, replacing Ward Petito effective immediately.
Vycel: providing gyms with powerful virus protection
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Premier Global NASM teams up with Your PT to create new career pathway for learners
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01-03 Feb 2022

Spatex 2022

Coventry Building Society Arena, Coventry, United Kingdom
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Fair District, Bologna, Italy
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