Health and Fitness Club Industry News
Friday, February 15th, 2019
$1 Billion and Counting: Orangetheory Fitness Reaches Sales Milestone
Posted: February 4, 2019 in Chains
BOCA RATON, FL - Just eight years after opening its first studio in 2010, Orangetheory Fitness crossed a threshold few companies ever manage to reach: exceeding $1 billion in systemwide revenues for 2018. The leader in heart-rate interval training and one of the world's fastest-growing fitness franchise brands reached the billion-dollar mark in systemwide sales in 2018, thanks to a loyal and growing member base and continued rapid studio expansion. Read More...
LNK Partners Exits Investment in Fitness Connection
Posted: February 4, 2019 in Chains
WHITE PLAINS, N.Y. - LNK Partners, a leading consumer-focused private equity firm, announced that it has sold Fitness Connection, together with its parent company, Titan Fitness Holdings, to affiliates of Roark Capital. Terms of the transaction were not disclosed. Jefferies LLC served as lead financial advisor to Fitness Connection, Piper Jaffray & Co. served as co-financial advisor, Kirkland & Ellis LLP provided legal counsel, and RSM US LLP provided accounting advisory services. Roark was advised by Paul, Weiss, Rifkind, Wharton & Garrison LLP. Read More...
IHRSA Announces 2019 Industry Award Recipients
Posted: February 1, 2019 in IHRSA
BOSTON, MA - IHRSA, The International Health, Racquet & Sportsclub Association has announced that three award recipients will be honored during IHRSA 2019, the association’s 38th Annual International Convention & Trade Show in San Diego, California, March 13 - 16, 2019: The Associate Member of the Year Award will be presented on Wednesday, March 13 to MINDBODY. The Woman Leader Award in honor of Julie Main will be presented on Thursday, March 14 to Francesca Schuler, CEO, In-Shape Health Clubs. The Outstanding Community Service Award will be presented on Friday, March 15 to Midtown Sanctuaire of Montreal, Canada. Read More...
USTA & Life Time Forge Relationship Aimed at Growing Tennis Participation in United States
Posted: February 1, 2019 in Chains, Suppliers
MINNEAPOLIS, MN - The United States Tennis Association (USTA) and Life Time announced a landmark alliance that brings together one of the largest tennis operators in the nation and the national governing body for tennis in the United States. Both parties will combine their vast resources to continue growing the great sport of tennis, especially among younger players. Read More...
Matrix Fitness Announces Record-Breaking Year With 21% Sales Growth in 2018
Posted: February 1, 2019 in Suppliers
COTTAGE GROVE, WI - Matrix Fitness, the commercial brand of Johnson Health Tech (JHT), reported $528 million in global revenue for 2018, its highest top-line number to date, with an increase of 21% over 2017. While the company saw increased sales globally, most notably, U.S. sales grew 40% in Q4 2018, with a total 26% increase for 2018. Read More...
ABC Financial Services Acquires Brazilian Market Leader, Evo W12
Posted: January 31, 2019 in Suppliers
LITTLE ROCK, USA and SÃO PAULO, BRAZIL - ABC Financial Services, LLC, announced that it has acquired Brazil-based Evo W12 Inovações Tecnologicas, South America’s largest provider of club management software to over 2,700 facilities across 10 countries. ABC is the leading provider of software, billing, and membership services to over 7,000 North American commercial and franchise health and wellness facilities. Read More...
IHRSA and the Industry Leadership Council Gear Up for 2019
Posted: January 31, 2019 in IHRSA
BOSTON, MA - The country’s health is at stake. Many citizens and communities are suffering from sedentary lifestyles that fuel epidemic levels of lifestyle-related illnesses. Chronic diseases now cost the U.S. an estimated $2 trillion annually in medical costs and another $794 billion in lost worker productivity. The International Health, Racquet & Sportsclub Association (IHRSA) and the fitness club industry believe that lawmakers should actively support, or at least stay out of the way of, their constituents efforts to incorporate regular physical activity. Instead, fitness businesses are continuously threatened by legislation that would make running and/or joining a health club more costly and difficult. Read More...
Power Wellness Is Now HIPAA Compliant
Posted: January 31, 2019 in Chains
LOMBARD, IL - Power Wellness Management, LLC (Power Wellness) announced that the company has recently completed the first phase of their Health Information Portability and Accountability Act (HIPAA) Compliance strategy (or program) and its prescriptive fitness programs. This milestone ensures the security and encryption of protected health information shared on behalf of its health provider partners. Read More...
Life Time Chappaqua Announces February 8 Opening
Posted: January 31, 2019 in Chains
CHAPPAQUA, N.Y. - Life Time is set to transform the healthy living landscape in northern Westchester County, New York with the opening of Life Time Chappaqua at Chappaqua Crossing. The club will open to all members Friday, February 8. The new Chappaqua destination has created nearly 200 new positions to serve members in a variety of full and part-time roles. Read More...
Equinox Expands Cult-Favorite Precision Run Program With Standalone Studios Nationally
Posted: January 30, 2019 in Chains
NEW YORK, N.Y. - Equinox, a global high-performance lifestyle leader, announced the expansion of its signature Precision Run program with a Flatiron, New York City-based studio devoted solely to the format, with plans to scale nationally. Since launching in 2014, Precision Run has set the standard for indoor running and forged an entirely new cardio category as the only method-driven, performance-based group fitness format. Read More...
ClubCorp Names Robert Morse Chief Operating Officer
Posted: January 30, 2019 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs – announces the appointment of veteran hospitality executive Robert Morse as Chief Operating Officer. With extensive hospitality operations experience that spans nearly 30 years, Morse brings valuable leadership to the executive team as ClubCorp transforms to a lifestyle company. As COO, Morse will focus on enhancing the member experience through improved and efficient day-to-day operations. Read More...
MYE Fitness Technologies Rolls Out AppAudio System at 24 Hour Fitness Locations
Posted: January 30, 2019 in Chains, Suppliers
VALENCIA, CA - MYE Fitness Technologies is set to roll out their popular AppAudio TV Audio streaming app in select 24 Hour Fitness locations, announced Tony Garcia, MYE president and CEO. A simple and free AppAudio download from the iTunes or Google Play store enables 24 Hour Fitness members to enjoy TV audio on their Apple or Android devices from television monitors throughout the facility. Read More...
Retro Fitness Inks Franchise Agreements for New Jersey, Pennsylvania, North Carolina & Florida
Posted: January 29, 2019 in Chains
COLTS NECK, N.J. - Retro Fitness, a national high-value, low-price fitness franchise, announced that it has signed four new franchise agreements with entrepreneurs Scot and Mark Pinto (New Jersey); Luis Henriquez and Gene Truono (Pennsylvania/Delaware); Richard Garrison (North Carolina); and Steve Plattner and Ron Wuchko (Florida). The anticipated business development indicates that Retro Fitness and its franchisees will infuse more than $1 million each into their respective markets through local investments. Once complete, the new gyms will employ at least 25 people. Read More...
PTR Introduces Young GameChangers
Posted: January 24, 2019 in Suppliers
HILTON HEAD ISLAND, S.C. - In an effort to support younger tennis coaches, Professional Tennis Registry (PTR) is excited to announce the introduction of Young GameChangers, four of whom have been selected to present at the PTR International Tennis Symposium. As part of the organization’s Mentoring Program, PTR is grooming Young GameChangers to be the presenters of tomorrow. Read More...
Planet Fitness to Open “Judgement Free” Club in Natchez
Posted: January 24, 2019 in Chains
NATCHEZ, MS - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, announced it will open its first location in the Natchez Mall of Natchez, Mississippi in the fall of 2019. The 12,000 square-foot Natchez Planet Fitness will offer state of the art cardio machines and strength equipment, 30-Minute Express Circuit, fully equipped locker rooms with day lockers and showers, numerous flat screen televisions, HydroMassage loungers, massage chairs, tanning beds, a Total Body Enhancement booth and more. Read More...
Announcing the New Bigger, Better Healthtrax Fitness & Wellness
Posted: January 23, 2019 in Independents
NORTH DARTMOUTH, MA - Healthtrax Fitness & Wellness is on the move into a bigger, better, brand new fitness center. Coming Spring of 2019, Healthtrax is pleased to bring the community they have served since 1988 a new modern fitness center just a minute away from where they are located today. Read More...
24 Hour Fitness Expands Presence in the Miami Market With First Club in Homestead, Florida
Posted: January 23, 2019 in Chains
HOMESTEAD, FL - 24 Hour Fitness will open the doors to a state-of-the-art club in Homestead, Florida this January, offering local residents the opportunity to renew their commitment to living a healthy lifestyle in 2019. Celebrating 35 years as a fitness leader, 24 Hour Fitness prides itself on providing a team of motivating fitness professionals who offer personalized health solutions, while creating friendly, supportive communities for members to enjoy their fitness journey. Read More...
First-Time ACSM Certification Exam Pass Rates Reach Historic Levels
Posted: January 23, 2019 in Suppliers
INDIANAPOLIS, IN - In 2017, ACSM Certification completed its regularly scheduled job task analysis (JTA) study and update of the ACSM Certified Personal Trainer (ACSM-CPT) and ACSM Certified Exercise Physiologist (ACSM-EP) certification exams. The net result of these efforts is that pass rates have jumped dramatically and are at historically high levels for the ACSM-CPT and ACSM-EP certification exams. Moving forward, ACSM will apply the same rigorous redevelopment standards to the ACSM Certified Group Exercise Instructor (ACSM-GEI) and ACSM Certified Clinical Exercise Physiologist (ACSM-CEP) certification exams. Read More...
Wellbeats Nominated for Seventh Annual BOLD Awards
Posted: January 23, 2019 in Suppliers
MINNEAPOLIS, MN - Wellbeats announces that they have been nominated for the Seventh Annual BOLD Awards, presented by the Minnesota Chapter of the Association for Corporate Growth (ACG.) The BOLD Awards are designed to honor and recognize innovation, inspirational moves, bold visions and leaders that have made BOLD moves to positively grow, restructure or enhance their companies for the benefit of all stakeholders. Read More...
FlexIt, Pay as You Go Gym App, Announces Partnership With AccuWeather
Posted: January 23, 2019 in Suppliers
NEW YORK CITY, N.Y. - FlexIt, the mobile-based solution that allows users to only pay for the gym time they use, announces its partnership with AccuWeather. Through this partnership, AccuWeather users will be encouraged to use various FlexIt fitness facilities based on the weather conditions in their area. Read More...