Standard Life Investments
Virgin Active

Who is Virgin Active?

Backed by CVC Capital Partners, Virgin Active is a leading chain of health clubs operating across four continents.

What does Virgin Active do?

Virgin Active is an international premium health-club operator with over 250 clubs and 1.4 million members across four continents. It has a high -quality, differentiated club estate, offering a broad range of facilities.

The opportunity

Why CVC Capital Partners ("CVC") invested in this business:

  • To reorganise and strengthen the management team
  • To upgrade the quality of a number of clubs in the UK in line with the group’s market leading position
  • To expand the footprint of clubs in existing regions and expand into new geographies.

Why we like the investment

"Prior to CVC investing, Virgin Active was already a leading investment, and with the backing of CVC we were excited to see what further value could be unlocked" – Cameron Graham, SL Capital

Investment Year


Head office





2.3 x money invested

Standard life Capital