- Company update
Oxygen Acquires Jump Evolution
The UK’s first choice indoor family activity brand, Oxygen, has announced the acquisition of regional trampoline operator, Jump Evolution. Building further presence within Greater London, the deal takes Oxygen’s portfolio to ten parks across the UK.
Jump Evolution, based in Romford in Essex covering 27,500 sq ft, is a well established operation that will become the fourth largest site by revenue in Oxygen’s portfolio. It is also the second acquisition by Oxygen in the last six months, following the brand’s purchase of RedKangaroo last November, and demonstrates Oxygen’s continued commitment to growth and transforming the indoor leisure market.
Stephen Wilson, Managing Director at Oxygen, commented: “The acquisition of Jump Evolution is another key moment in Oxygen’s growth. The park is an established and high-performing location with a great team in place who we look to working with to further improve the already fantastic customer experience.
This milestone comes at an exciting time for the group as we are soon to roll out the next evolution of our customer experience in our Croydon park.
“As consumers face ever more pressures on their time and money, seeking greater value and enjoyment from both, we believe it is imperative to exceed their expectations. As we have seen from the two sites to have received our new proposition so far, doing so creates greater loyalty, frequency of visit, dwell time and ultimately customer experience.”