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Leonard Schlemm


Mr. Leonard Schlemm is an Angel Investor. Mr. Schlemm grew up in Montreal and received his B.Comm. and C.A. from McGill University. He went on to an M.B.A. from Harvard University, relocated to San Francisco where he worked for the prestigious McKinsey & Co. as a strategy consultant, and then became CFO of a computer company. Mr. Schlemm co-founded 24 Hour Fitness in San Francisco in the early 1980s. Today, 24 Hour Fitness is the world's largest privately owned and operated fitness centre chain with over three-and-a-half million members, generating annual revenues of more than $1.3 billion with a network of over 400 clubs across the United States and Asia. In July 2005, Forstmann Little & Co., the iconic private investment firm based in New York City, bought a majority stake in 24 Hour Fitness for $1.6 billion. It was a record-setting deal -- the largest transaction in the global health club industry. Mr. Schlemm also is a co-founder and partner in twenty fitness centres in Canada including the Steve Nash Sports Club chain in Vancouver, and the three Mansfield Athletic clubs and The Atwater Club in Montreal.

Primary Investor Type
Angel (individual)

Leonard Schlemm Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
LIFT 26-Jan-2015 Seed Round 000 Social/Platform Software Generating Revenue 0000000 0000000
0000 0000000000 03-Jun-2011 00000 00000 000 Social/Platform Software Out of Business 0000000 0000000
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Leonard Schlemm Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000 0000000000 20-May-2014 000 00 00000000 Completed
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Leonard Schlemm Team (1)

Name Title Deals Funds Boards Office Contact
Leonard Schlemm Angel Investor 0