Celebrity Fitness
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Celebrity Fitness
Celebrity Fitness is a fitness center operator with a network of clubs across Indonesia, Malaysia, the Philippines, and India. Every Celebrity Fitness club offers personal training, yoga, spinning / indoor cycling and group fitness programs for its members. Celebrity Fitness in Indonesia, Malaysia, the Philippines, and India, are separate entities with different shareholders, and managed by different leadership teams. The Celebrity Fitness brand in Indonesia, Malaysia, and the Philippines is owned by Evolution Wellness Pte. Ltd., which also has Fitness First Asia in its portfolio. Evolution Wellness is helmed by CEO Simon Flint. In India, it is helmed by CEO Rajat Singh. Background Celebrity Fitness was founded in 2003 by John Franklin, Mike Anderson, and JJ Sweeney. Celebrity Fitness commenced operations in February 2004 in Jakarta. In 2005, Celebrity Fitness entered the Malaysian market with its first club in Kuala Lumpur. This is located at 1 Utama Shopping Centre in Pet ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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