Fitness & Lifestyle Group (FLG) was formed in 2016 when Australian private equity firm Quadrant, identifying significant growth opportunities in the health and fitness market, created a holding company to make acquisitions in the sector.
That same year, it acquired Goodlife Health Clubs Australia, Fitness First Australia and Jetts Fitness, appointing Goodlife CEO Greg Oliver into the role of Fitness & Lifestyle Group CEO and Managing Director.
The acquisitions immediately created a supergroup of clubs to which Barry’s, Zap Fitness and California Fitness & Yoga were also subsequently added.
Spanning premium, mid-market and low-cost models, as well as strong digital offerings, FLG’s 385+ locations across Australia, New Zealand, Thailand, Vietnam and Singapore cement the Group’s status as Asia Pacific market leader.
Ours is a people business, with strong team- and member-focused values embedded across our Group.
We exist to make a difference in people’s lives, and it’s our FLG Family – our own team members – who forge the invaluable relationships that make that happen.
The purpose-driven nature of our business shines through in our CSR work, too. From our partnership with mental health-focused Black Dog Institute in Australia and our support for the Heartbeat Vietnam children’s charity to the work each of our clubs does at a community level to support local charities and organisations, FLG leads by example in making a positive difference to people’s lives and societal wellbeing.
Greg was appointed CEO & Managing Director of FLG at its inception, having been CEO of Goodlife Health Clubs since 2010.
In his 40+-year fitness career, Greg has owned and managed multi-club chains and corporate health businesses, bringing significant M&A and strategic expertise. He also founded Debit Success, one of ANZ’s largest membership billing and software services. Current board positions include Fitness Australia, FLG and its subsidiaries.
Chris was appointed CFO and Company Secretary of Fitness &Lifestyle Group in February 2023.
He was previously CFO and Company Secretary at healthcare provider Healthia, where he helped drive the start-up through its M&A, funding, deal structuring and IPO as it grew to 310 clinics and A$50m EBITDA.
Prior to that, for over a decade Chris worked in chartered accountancy, corporate finance, transactions, acquisitions and specialised lending within the ‘Big 4’ and at the Bank of Queensland.
Nicole is a qualified chartered accountant and experienced finance manager who joined the FLG leadership team in 2022.
Deloitte-trained, her subsequent roles have given her experience across a wide range of sectors, from fleet management to news and publishing, fast food to telecommunications. She joined FLG from Swissport, where she was Director of Finance Asia and Transformation Lead APAC.
Gemma joined FLG in 2022 and is an accomplished legal practitioner with over 15 years’ experience in private practice and in-house legal functions.
As Senior Legal Counsel, Gemma is responsible for FLG’s legal, regulatory, governance and commercial matters. She works closely with all departments to appropriately advise and lead the company in a profitable and ethical strategic direction.
Rob was appointed Chief Technology & Security Officer in October 2021 and now leads FLG’s technology and cyber security strategy.
With a background in software engineering, Rob has over 15 years’ IT strategy and leadership experience across cyber security, cloud and network infrastructure and data & software architecture, along with IT governance standards and practices.
Eddie was appointed Chief Digital & Product Officer for FLG in October 2021 and has been responsible for a number of innovative digital products using cutting-edge technology, analytics and marketing automation.
He has over three decades’ experience in the global fitness industry, having held technology leadership roles in Malaysia, Poland, the UK and South Africa before relocating to Australia and joining FLG in 2019.
LLB., B.Com., CFA
Andrew Pears was appointed CEO of FLG Australia & New Zealand in July 2021 – a region with company-owned clubs operating under the Goodlife, Fitness First, Zap Fitness, Jetts (New Zealand) and Barry's (Australia + Singapore) brands.
Prior to joining FLG in 2017, Andrew worked in a range of corporate advisory and direct investment roles with Macquarie Capital, Capella Capital (Lend Lease) and Citi.
B.Sc (Hons) DPS
As CEO of FLG Thailand, Mike oversees the operations of Jetts FitnessThailand – the 24/7 health club brand that is now #1 operator in the country by number of clubs, with a strong pipeline for further rapid growth.
Prior to joining FLG in 2017, Mike had spent more than 25 years in the Asian fitness industry, including as Group Managing Director for Fitness First Asia and Chair of Virgin Active Asia-Pacific.
Dane was appointed CEO of FLG Vietnam in 2017.
With over 20 years in leadership roles, Dane’s career in fitness and wellness has crossed five countries.
In his current role, Dane oversees the operations of FLG’s market-leading California Fitness & Yoga brand – which last year hosted almost 11 million workouts – as well as Hypoxi Studios. He leads a team of over 4,000 staff across seven major cities in Vietnam.
Fitness & Lifestyle Group is majority owned by leading Australian private equity investor Quadrant Private Equity, with the remainder held by Oaktree Capital Management and Fitness & Lifestyle Group senior leadership.
Quadrant Private Equity
Established in 1996, Quadrant Private Equity is a leading Sydney-based mid-market private equity firm investing in companies in Australia and New Zealand.
It has raised $7bn and 12 funds since inception, leading 83 investments in the last 11 funds (with 60 exits). Its experience spans a range of sectors including retail, healthcare, media, consumer foods, financial services, eCommerce and other sectors.
It is supported by leading Australian and global superannuation funds and sovereign wealth funds.
Oaktree Capital Management
Founded in 1995, Oaktree is a leader among global investment managers specialising in alternative investments, with $164bn in assets under management as at mid-2022.
The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities.
Oaktree Capital Management has over 1,000 employees and offices in 19 cities worldwide.
FLG Senior Executives
The leadership team of Fitness & Lifestyle Group – and its portfolio of brands – brings together a group of highly experienced, multi-disciplined executives from fitness, operations, corporate strategy and finance, led by Chief Executive Officer and Managing Director Greg Oliver.