Riverside PLC

Riverside was one of the first health and fitness groups in the UK to focus on providing well–serviced and high quality sports exercise and indoor and outdoor racquet facilities. The Riverside Club, Chiswick, was originally opened by London & Edinburgh Trust (LET) in the late 1980’s.

In September 1993, a group of investors including Sir John Beckwith and Pacific acquired the Riverside Club from SPP, the owner of LET. Following this acquisition, the Riverside concept was expanded to a total of five operational clubs with a further three clubs under development at the time of its sale.

In June 1997, Riverside was sold to First Leisure Corporation PLC for an enterprise value of £61 million in cash.