Board

Leisure Transactions 2011

Date

Vendor

Purchaser

Deal

Convers Sports Initiative (CSI)

June

Sports Holdings (Asia)

The acquisition of Portsmouth Football Club.

Guoco Group acquired a majority shareholding and took control of the Rank Group.

June

Rank Group

Guoco Group

June

Intertain

Antic

Acquisition of the former Walkabout Bar in Clapham.

Eclectic Clubs & Bars, backed by Avanti Capital

Acquisition of KuKui – including the brand name and 500-capacity site in Bournemouth. Leasehold acquisitions of Star Bowl in North Shields and Lakeside Superbowl in Bishop's Stortford. Acquisition of two health clubs operated by GL-14 in Manchester and Fairfield, Hertfordshire. Acquisition of Esporta's UK business of 55 health clubs and 159,000 members for a total consideration of up to £77.6 million. Acquisition of Esporta Property Holdings (EPH) – a portfolio of 17 freehold and leasehold racket clubs for £179 million.

June

KuKui

July

Undisclosed

Garland Leisure

July

GL-14

Bannatyne Fitness

August

Société Générale

Virgin Active

British Land Company (BLC)

August

Société Générale

Wrexham Supporters' Trust (WST)

September Geoff Moss and Ian Roberts

Acquisition of Wrexham FC.

September LaSalle Investment Management

Circus Invest

Acquisition of The Circus leisure complex in Manchester for £20.1 million.

Sale of the former Limelight Club on Shaftesbury Avenue, London, for £8.25 million.

September Undisclosed

Private investor

November Luminar Leisure

Fever Bars

Acquisition of a former Luminar site in Redditch.

Peter Marks, Alex Geffert and Joe Heanen

Ernst & Young, administrators of Luminar Leisure

Acquisition of Luminar Leisure and its 66 operating nightclubs for approximately £45 million. Acquisition of three sites at Stockwell and Wood Green in London and in Luton. Acquisition of SNO!zone Braehead, the operator of an indoor skiing and snowboarding venue and with it a new 25-year lease on the winter sports facility.

December

December Undisclosed

The Gym Group

Ice Factor International

December Capital and Regional

Note: Details of the transactions listed in the tables above are taken from information in the public domain and Christie + Co cannot warrant their accuracy.

37