Bridges Fund Management, a private equity firm, completed the acquisition of énergie Fitness, the UK low-cost gym franchise business with over 100 sites across the UK & Ireland. Financial terms were not disclosed. In line with Bridges ‘Healthier Lives’ impact theme, it will support énergie to expand into more underserved areas and strengthen its member proposition, so it can drive better health outcomes for its users – particularly the older demographic, which is statistically more at-risk of obesity and long-term health conditions. “Bridges was an obvious choice to support us in the next phase of our growth. The team has substantial experience of successful roll-outs in the sector, which will be very valuable to us as we think about how to improve our member offering and find more great sites. We also share the same passion for improving our members’ health outcomes. We’re excited that we have the opportunity to work together,” Neil King, énergie Fitness CEO.