Fitness First

Kuala Lumpur, Malaysia Founded: 2000 • Age: 26 yrs Acquired By BC Partners
A chain of fitness clubs is operated by Fitness First.

About Fitness First

Fitness First is a Healthcare company based in Kuala Lumpur (Malaysia) founded in 2000, and was acquired by BC Partners in September 2005. A chain of fitness clubs is operated by Fitness First. Its chief executive, as recorded, is Justin Musgrove. Its website fitnessfirst.com draws about 176 thousand monthly visits. Fitness First offers products and services including Gym Membership, International Passport, and Dual Brand Membership. Its focus areas include Fitness and Wellness Chains and Diversified.

Company details

Fitness First was established in 2000 in Kuala Lumpur, Malaysia, within the health and fitness sector. A network of clubs is maintained to deliver exercise facilities, group classes, and personal training services to members. Operations focus on urban locations in the region, supported by an online presence at fitnessfirst.com. Leadership is handled by CEO Justin Musgrove, ensuring standard protocols across sites.

  • Headquarters Kuala Lumpur, Malaysia
  • Stage Acquired
  • Sectors
    Healthcare
  • Website category Health · Nutrition Diets and Fitness
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website fitnessfirst.com
  • Social LinkedIn
  • Acquired by BC Partners (Sep 2005)
Key Metrics

Products & Services of Fitness First

Fitness First offers a comprehensive portfolio of products and services, including Gym Membership, International Passport, and Dual Brand Membership.

Gym Membership
Fitness Services

Provides access to premium gym facilities and classes for members

International Passport
Membership Perks

Enables members to use clubs in affiliated countries abroad

Dual Brand Membership
Combined Access

Allows access to both Fitness First and Celebrity Fitness clubs

Apps and channels of Fitness First

Fitness First publishes 1 mobile app with over 10K+ downloads.

Fitness First SEA
Google Play Health & Fitness Everyone Free 10K+ downloads
Developer: Innovatise GmbH
View on Google Play

Investors in Fitness First

Fitness First has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include BC Partners and Cinven.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Diversified alternative assets are managed through investment strategies.
1986bcpartners.comLondon, United Kingdom
Private equity investments and portfolio management services are provided by Cinven across various sectors.
cinven.com
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Board of directors of Fitness First

The boards of the 2 registered companies of Fitness First currently have 3 directors; the longest-serving is Federico Alvarez Demalde, appointed in 2019. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Federico Alvarez Demalde
DIN 08415111
Director25 Jun 20197 yrs 4 moCultfit Healthcare Private Limited
Rishabh Telang
DIN 07322550
Whole-time director04 Sep 20197 yrs 2 moFitness First India Private Limited, Cultfit Healthcare Private Limited
Mujtabha Khursheed Magrey
DIN 08538256
Director04 Sep 20197 yrs 2 moFitness First India Private Limited, Cultfit Healthcare Private Limited

People of Fitness First

1 people are tracked at Fitness First (1 in leadership).

NameRoleGroup
Justin Musgrove
CEOLeadership
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Financials of Fitness First

Figures of Fitness First India Private Limited, the primary company behind Fitness First, for FY 2025. Revenue was ₹11.83 Cr (+394167% year on year). Net loss was -₹14.5 Lakh (-1% margin). EBITDA was ₹20,000 (0% margin). Revenue has grown at a compounded annual rate of -27% over three years and -27% over five years.

  • ₹11.83 CrRevenue · FY 2025 · +394167% YoY
  • -₹14.5 LakhNet loss · -1% margin
  • ₹20,000EBITDA · 0% margin
  • ₹30.68 CrPaid-up capital
  • 33Employees (provident fund records)
  • -27%Revenue CAGR, 3 years
  • -27%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Fitness First India Private Limited are on its company page.

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Detailed financial statements for Fitness First

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Timeline of Fitness First

3 dated milestones of Fitness First across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fitness First is founded.
  2. Exit Acquired by Cinven.
  3. Exit Acquired by BC Partners.

Web traffic of Fitness First

The website of Fitness First (fitnessfirst.com) receives about 176.2K visits a month and ranks #264,314 among all websites worldwide, #8,982 in Nutrition Diets and Fitness.

  • Monthly visits
    176.2K

    ▲ 27.1% vs previous month

  • Unique visitors
    67.3K

    per month

  • Global rank
    #264,314

    among all websites

  • Category rank
    #8,982

    Health · Nutrition Diets and Fitness

Similar websites

Websites whose visitors overlap most with Fitness First. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
lafitness.co.uk
lafitness.co.uk
100%
–
healthcity.be
healthcity.be
91%
–
fastfunfitness.com
fastfunfitness.com
89%
–
fitnessfirstclubs.com
fitnessfirstclubs.com
85%
–
fit.com.my
fit.com.my
81%
#4,619,555–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Fitness First

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Complete news archive for Fitness First

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Frequently Asked Questions about Fitness First

Fitness First was founded in 2000.

Fitness First is headquartered in Kuala Lumpur, Malaysia.

Justin Musgrove is the CEO of Fitness First, as recorded in our data.

Fitness First was established in 2000 in Kuala Lumpur, Malaysia, within the health and fitness sector. A network of clubs is maintained to deliver exercise facilities, group classes, and personal training services to members. Operations focus on urban locations in the region, supported by an online presence at fitnessfirst.com. Leadership is handled by CEO Justin Musgrove, ensuring standard protocols across sites.

Fitness First offers Gym Membership, International Passport, and Dual Brand Membership.

Fitness First has 2 investors. Key investors include BC Partners, and Cinven.

Fitness First is associated with 2 legal entities: Fitness First India Private Limited, Cultfit Healthcare Private Limited.

Yes. Fitness First was acquired by BC Partners in September 2005.

The legal entities of Fitness First currently have 4 directors, including Rishabh Telang, Mujtabha Khursheed Magrey, Siddharth Sharma and others.

Yes. Fitness First publishes Fitness First SEA, with over 10,000 downloads.

The website of Fitness First receives about 176 thousand visits a month and ranks #264,314 among all websites worldwide.

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