Jul 28, 2026 – 7.02pm
It is no secret Fitness & Lifestyle Group – the owner of Fitness First gyms – is in a tricky financial position
Last year, Street Talk revealed Quadrant Private Equity had hired Wall Street bank JPMorgan to run a sale process for the debt-heavy business. This meant it was biting the bullet on an asset it had held for a decade, an eternity for any private equity owner
Loading…
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.
Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.
