Trampoline park operator relocates Yorkshire head office and creates new jobs following £30m investment

Harvey Jenkinson, the co-founder of Gravity, which is relocating from Colorado Way at the Junction 32 development in Castleford next month, said: “This move will help our drive for growth. We currently have 50 staff and hope to recruit a further 10 by the end of this year.”

Gravity, which launched as a trampoline park operation in 2014 next to the indoor ski slope Xscape at Castleford, has just secured a £30m investment from Sculptor Real Estate, the property arm of New York Stock Exchange listed Sculptor Capital Management, to help the business grow.

The company, which has a turnover of £27m and 17 locations nationwide, is eyeing up revenues of £50m for 2024, with karting, mini-golf and bowling on offer as well as trampolining.

Mr Jenkinson said: “This funding has come at a pivotal and exciting time for Gravity with the launch of our Gravity Max brand at Liverpool One and London Westfield Stratford this year.

"We are thrilled to build our relationship with Sculptor on this investment.

“This backing will help us realise the full potential of the Gravity brand, ensuring the rollout of our business plan and achievement of strategic objectives.

"We look forward to further establishing Gravity as the international name in active entertainment and providing our customers at every site with the best possible experience.”

The Leeds offices of property firms Knight Frank and JLL advised the landlords on the Merchant Gate move, while Savills advised Gravity.

Victoria Harris, of Knight Frank, added: “Gravity’s move will drive economic and social prosperity in this proud and historic city, and be a boost to the local community, which is massively important right now.”

This deal means that the office space at Merchant Gate is now fully let.

The scheme was created by The English Cities Fund, a strategic joint venture.