PureGym
Fitness · 61+ locations · NYC, Long Island, Yonkers, New Jersey, Maryland, Virginia
PureGym is the UK budget-gym giant that bought Blink Fitness out of bankruptcy for $121M. It erased the Blink brand from the storefronts it took over, and Blink's own website now just redirects to PureGym.
The Big Picture
PureGym's US business is what's left of Blink Fitness — the budget chain Equinox built and bankrupted — bought for $121 million at a bankruptcy auction by a UK giant owned by Leonard Green & Partners and KKR. The Blink brand has been erased, its website now redirecting to PureGym's. Members' dues flow to two of the world's largest PE firms, with a 65% first-year earnings jump funding further expansion.
The Dirty Details
Ownership
Leonard GreenPrivate Equity
Leonard Green & Partners is a Los Angeles PE firm with roughly $85 billion under management, known for consumer and retail buyouts. On Ferret it owns the majority of both PureGym (which absorbed Blink Fitness) and Crunch Fitness. It also took Life Time private in a $4B-plus buyout in 2015 alongside TPG, then sold most of that position down after the 2021 relisting. Its remaining stake was just under 5% as of June 2026, but two Leonard Green partners still sit on Life Time's board, including lead director John Danhakl.
Assets under management: ~$85B (December 2025)
See all Leonard Green companies on FerretWhat do these scores mean? Learn more.
Make a New Choice
Company data last updated August 2026
How does one person build and research all this? They don't: here's how it actually works. Verdicts are our opinions, based on the public sources cited above as of August 2026. Spotted something off? or learn more.