LA Health co-founder David Turner acquires the property of The Leisure Database Firm following its liquidation

LA Health co-founder David Turner acquires the property of The Leisure Database Firm following its liquidation

Turner’s firm, Addleisure Ltd is the brand new proprietor of the enterprise – it can commerce

Turner’s firm, Addleisure Ltd is the brand new proprietor of the enterprise – it can commerce as LeisureDB with Minton as a director

Following a funding injection, Minton confirms the corporate will function as common, honouring all buyer obligations

Turner and Minton plan to work collectively to increase LeisureDB’s analysis and report supply

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LA Health co-founder, David Turner, has acquired the property and IPs of The Leisure Database Firm Ltd out of liquidation through his firm, Addleisure. It is going to commerce as LeisureDB.

The Leisure Database Firm – led by David Minton – has been offering market intelligence and research-driven experiences on the health {industry} since 1980, with its annual State of the Health Business Report.

LeisureDB is anticipated to profit from vital funding from Turner, who will work aspect by aspect with Minton and his crew to drive the enterprise ahead.

The Leisure Database Firm Ltd went into liquidation on 23 Could, with Minton formally becoming a member of Addleisure as a director on 30 Could 2022 following a Registration of a Cost submitting at Corporations Home on 25 Could 2022 by Addleisure Ltd and liquidators Begbies Traynor.

Minton confirmed to HCM that the refinanced enterprise will proceed to function as common throughout the new enterprise construction, underlining that every one current prospects and purchasers will expertise no change to their present working relationships or contracts.

“We have simply completed researching the primary State of the UK Health Business Report for 3 years,” he stated, “with essentially the most thorough industry-wide analysis since 2019.

“The report has simply been printed and is accessible now for buy and we have launched into a brand new pipeline of further {industry} experiences scheduled all through the approaching 12 months.”

Headline numbers from The State of the UK Health Business Report 2022 had been launched on 25 Could, on the identical day as LeisureDB’s {industry} convention – Evolve – in London, which was attended by many distinguished members of the health {industry}. The complete report was printed on 30 Could.

Turner has been within the {industry} since 1978 and following the sale of LA Health in 2005 for £168m, he joined Esporta Well being and Health Golf equipment in 2007 to assist put together the corporate on the market. For the final forty years, he has additionally acted as a guide, specialising in enterprise evaluation and strategic planning.

Each Minton and Turner are devoted to a future that envisions a deeper funding into sources that can lengthen LeisureDB’s analysis and report supply.

“We’ve got plans in place to allow LeisureDB to help the {industry} with extra helpful analytics and knowledge, and with common updates in numerous codecs, which is so very important for each operators and buyers,” stated Minton.