Fitness Holdings Northeast Acquires Crunch Norwalk
Posted: January 10, 2022 in Chains
Crunch Fitness
GREENWICH, CT – Fitness Holdings Northeast, LLC (“Fitness Holdings”), one of the leading franchise groups in the Crunch Fitness network, recently announced its acquisition of Crunch Fitness Norwalk in Connecticut. The acquisition has closed, bringing the Fitness Holdings total club count to 28 with over 110,000 members.
“The consistency of Crunch Norwalk has been remarkable and a true tribute to the Crunch brand. Norwalk is a great club addition to our ever-growing portfolio and a testament to our group’s ability to deliver on our strategic 50 club growth strategy,” said Steve Viscardi, Fitness Holdings Founding Member and VP of Mergers and Acquisitions.
“We continue to fill our pipeline with great acquisition opportunities and exciting new-site development locations proving the success of our strategy and focus. This is yet another example of our approach of developing multiple growth channels simultaneously to achieve our two-year goal.”
“We will continue to capture market share through acquisitions and organic growth. With a full acquisition pipeline, we continue to look for strategic acquisitions and partnerships that complement and enhance our growth strategy,” says Steve Viscardi. “We remain steadfast in our commitment to provide a fun and innovative fitness community for all types of people, with all types of goals.”
