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For further information, please contact: Penfund OR GoodLife Fitness Clubs About Penfund Penfund is an independent investment company
specializing in providing junior capital to middle market companies.
Penfund provides high yield and mezzanine debt, control and minority
equity, as well as bridge facilities, standby lines, underwritten
facilities and financial guarantees. The firm is owned by its
management team and is currently investing its most recently
established fund, Penfund Capital Fund III. Penfund manages
institutional funds sourced from Canadian pension funds and
insurance companies and has invested more than $2.2 billion in over
200 companies since its establishment in 1979. About GoodLife Fitness Clubs GoodLife was founded in 1979 by David Patchell-Evans
and now has 144 clubs across Canada. Starting from a single, 2,000
square foot club in London, GoodLife has grown into the largest
group of fitness clubs in Canada. GoodLife currently employs 4,000
associates and has more than 300,000 members. The Company has
received many awards including being named one of Canada's 50 Best
Managed Companies in 2003, 2004 and 2005 and is the consecutive
winner of the Consumers Choice Award for Toronto and Ottawa since
2001. David Patchell-Evans was the Ernst & Young Entrepreneur of the
Year in Ontario in 2006. GoodLife has been a consistent supporter of
the communities in which it operates and has donated significant
amounts to autism research.
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