Original article by Jessica Gardner, Sarah Thompson
The Australian Financial Review – Page: 17 : 30-Sep-16

Quadrant Private Equity has bought gym chain Fitness First from Oaktree Capital Management. Quadrant has recently been quite active in the gym market, acquiring the Goodlife Health Clubs network, Jetts Fitness and HYPOXI. Quadrant’s Fitness & Lifestyle Group, which is believed to be worth about $A800 million, comprises now 224 company-owned gyms and 188 franchised outlets.

CORPORATES
QUADRANT PRIVATE EQUITY PTY LTD, FITNESS FIRST AUSTRALIA PTY LTD, OAKTREE CAPITAL MANAGEMENT LLC, GOODLIFE HEALTH CLUBS HOLDINGS PTY LTD, JETTS FITNESS PTY LTD, HYPOXI AUSTRALIA PTY LTD