Corporate Sports Unlimited history

Financial stability first became a concern in 1982 when Brunswick found itself facing a hostile takeover.

The fitness center design, consulting management services began in 1983, years ahead of the myriad of companies who have entered outsourcing as their primary business.

Expansion Begins in 1988

In September 1989, a Luxembourg investment banking company named Investcorp bought a majority interest in the company, thereby facilitating the establishment of additional stores.

The first full-year after the September 1992 public offering was the best financial year in the company's history.

Sales were up 43 percent to $239 million, net income was up an enormous 124 percent to $11.3 million, and the company's stock, which began trading on the NASDAQ market at $17.50 per share, was trading at $43.25 per share at the end of 1993.

The United States 10K Classic presented by Publix and Gatorade (now named WE Series), a 501(c)(3) non-profit corporation, was started by Don and began in 1994.

Corporate Sports introduced a personal training program within its executive clubs in 1995, which increased member service, club revenues and CSU revenues in its first year.

Bradke was fired by Sports & Recreation's board of directors in February 1996 and replaced by Stephen Bebis, who previously had been in charge of a Canadian chain of home improvement stores named Aikenhead.