CEO of The Gym Group celebrates award

CEO of The Gym Group celebrates award

John Treharne, the Chief Executive of The Gym Group, has been named CEO of the Year in the South East by the British Private Equity & Venture Capital Association (BVCA).

London-based The Gym Group, which operates a national chain of budget gyms, was founded by Treharne in 2007 and this award recognises the success he and his team have achieved in growing the company over the years, particularly in 2012.

The award was one of seven presented as part of the South East final of the BVCA Management Team Awards, produced in partnership with Clearwater Corporate Finance, which celebrates the achievements of companies backed by private equity and venture capital. The Gym Group has been backed by Bridges Ventures since 2007.

This award results in automatic qualification into the national finals. National winners will be announced at a ceremony in London on 4 July 2013.

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NOTES TO EDITORS

The Gym Group wasfounded in 2007 and operating over 32 sites, The Gym Group is the longest established national operator of budget gyms offering affordable, flexible and rewarding gym membership - without compromising on quality.

Memberships start from just £10.99 a month, with access to the most up-to-date resistance and cardiovascular gym equipment, no contracts, 24 hour access, along with highly trained and fully qualified and friendly staff to help members achieve the most from each and every visit.

The Gym Group has been funded and supported, since inception in 2007, by Bridges Ventures who have committed £17.5 million to the business.

Bridges has £275 million under management and has a 10 year proven track record in investing successfully to achieve social and environmental goals as well as delivering substantial financial returns.

In 2011, The Gym Group won Budget Gym of the Year at the National Fitness Awards. The company is the only group fitness operator to be accredited by Investors in People and earlier this year achieved 15th place in The Sunday Times 100 Best Small Companies to Work for.

The BVCA Management Team Awards, produced in partnership with Clearwater Corporate Finance, and sponsored by Newton Europe Limited and Speechly Bircham LLP, are the only awards to celebrate the achievements of private equity and venture capital-backed management teams. There are six regions in total, the winners of which will be announced in April and May. All regional winners will be entered into the national awards, which will be revealed at a ceremony in London on 4 July 2013.

The British Private Equity & Venture Capital Association (BVCA) is the industry body for the UK private equity and venture capital industry. The BVCA has over 500 member firms, representing the vast majority of UK-based private equity and venture capital firms and their advisers.

Clearwater Corporate Finance is the leading independent corporate finance house in the UK with an exceptional track record of more than 400 completed transactions. The company offers advice  on all aspects of corporate finance transactions from mergers and acquisitions (M&As) and company sales to management buy-outs (MBOs). Clients include management teams, owner-managers, private equity firms and large corporates.

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