KSL Capital Partners is reportedly looking to purchase gym chain
David Lloyd, thought to be worth around £900m.
The
Sunday Times said the US-based private equity firm, which
recently bought UK hotel chains Malmaison and Hotel du Vin, is one of several potential buyers with US investment house
Blackstone also thought to be mulling a bid.
The Hatfield-based gym group has 80 clubs across the UK and is named after former English tennis professional David Lloyd, who founded the business in 1980.
It has a focus on racquet sports with around 700 tennis courts, 180 badminton courts and 140 squash courts.
It has around 450,000 members and employs 6,000 staff.
