Health and Fitness Club Industry News: Chains
Saturday, October 18th, 2025
KKR to Acquire The Bay Club Company
Posted: July 27, 2018 in Chains
NEW YORK, N.Y. and SAN FRANCISCO, CA - KKR, a leading global investment firm, and The Bay Club Company (“Bay Club”), a premier active lifestyle and hospitality company, announce the signing of a definitive agreement under which KKR will acquire Bay Club from York Capital Management and minority investors, including JMA Ventures and Roxborough Group. Financial details of the transaction were not disclosed. Read More...
Crunch Signs Multi-State Franchise Deal
Posted: July 26, 2018 in Chains
NEW YORK, N.Y. - Crunch Franchise announced a new 10-unit franchise agreement to build clubs in several southeastern states. Crunch currently has more than 1 million members and 250 gyms worldwide in 25 states, Puerto Rico and four countries. The agreement is with Jorge Roldan, CEO of Team Roldan, LLC. Roldan is a fitness-industry franchising expert who most recently launched, owned and operated five Planet Fitness locations, which he sold in 2016. Read More...
Blink Fitness Accelerates Expansion with Strategic Multi-State Deal with Seritage Growth Properties
Posted: July 25, 2018 in Chains
NEW YORK, N.Y. - Blink Fitness, a premium-quality, value-based gym that has challenged industry norms by celebrating how exercise makes you feel, not just how it makes you look, and Seritage Growth Properties (NYSE: SRG) have announced a deal to expand Blink Fitness' reach. The multi-property lease agreement will bring 17 corporate and franchisee-owned gyms to major metropolitan areas across ten states and is a part of Blink Fitness' aggressive strategic growth strategy. Read More...
CorePower Yoga Launches Yoga On Demand
Posted: July 25, 2018 in Chains
DENVER, CO - America's leading yoga studio, CorePower Yoga, is launching CorePower Yoga On Demand, an online resource dedicated to helping students take class with CorePower whenever, wherever. The program launches with over 30 videos taught by CorePower Yoga teachers and developed with both the new and experienced yogi in mind. Read More...
Mayweather Boxing + Fitness Launches Domestic and International Franchise Program
Posted: July 25, 2018 in Chains
LOS ANGELES, CA - Mayweather Boxing + Fitness, a best-in-class fitness experience created by the most successful boxer of all time, announced the launch of its comprehensive domestic franchising and international territory rights program. Boxing great Floyd Mayweather announced the global business venture and its structured franchise model following his highly anticipated "Money Fight" against Conor McGregor in August 2017. Emblematic of Floyd's passion for family, fitness and community, the new enterprise is grounded in the philosophy that fitness levels shouldn't be determined by socioeconomic status, and that everyone should have access to, and benefit from, elite fitness resources. Read More...
Orangetheory Fitness: 1,000 Studios… and Counting
Posted: July 23, 2018 in Chains
BOCA RATON, FL - Rose City residents can now get #1000xMoreLife from their workouts with the grand opening of Portland's third Orangetheory Fitness studio, the 1,000th globally for one of the world's fastest growing franchise companies. At a ribbon-cutting event held July 21st, special guests joined Orangetheory Fitness CEO & Co-Founder, Dave Long, in celebrating the company's unique trifecta of science, coaching and technology. Read More...
TRT Holdings, Inc. Exploring Possible Sale of Gold’s Gym
Posted: July 20, 2018 in Chains
DALLAS, TX - TRT Holdings, Inc., the majority shareholder of Gold's Gym since 2004, says it will put the iconic fitness brand up for sale to focus more on its core business. It has retained Piper Jaffray & Co. to conduct a sales process. During its partnership with TRT Holdings, Gold's Gym has grown to 700+ locations across six continents and has differentiated the brand through a series of new fitness offerings, including GOLD'S STUDIO, the company's signature boutique-style fitness classes, BOOTCAMP large group training classes and 3D body scanning technology. With a core focus on innovation and expanding the brand's reach beyond the four walls of the gym, Gold's Gym also recently launched GOLD'S AMPTM, the first digital personal training and music app from a brick-and-mortar gym. Read More...
Planet Fitness Prices $1.2 Billion Securitized Financing Facility
Posted: July 19, 2018 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announced that it has priced $1.2 billion of Series 2018-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), which consist of two tranches. The 2018 Notes are expected to be issued by Planet Fitness Master Issuer LLC (the "Master Issuer"), a newly-formed, limited-purpose, bankruptcy remote, indirect subsidiary of Planet Fitness, Inc. in a privately placed securitization transaction. The aggregate principal amount represents an upsize from the previously announced proposed issuance of $1.15 billion. Read More...
Retro Fitness Selects Life Fitness Premium Cardio for Burgeoning Franchise
Posted: July 19, 2018 in Chains
ROSEMONT, IL - Retro Fitness, a high-energy, high-value franchise, has named Life Fitness a preferred cardio vendor as the group continues its development pipeline with new clubs opening across the U.S. The first Life Fitness-equipped club will open in Q3 2018. Retro Fitness has chosen Elevation Series treadmills and Lifecycle bikes with premium cardio consoles with app-enabled content for new Life Fitness-equipped clubs opening in the coming years, with 10 planned through 2019. Each machine is custom painted to fit Retro Fitness' bold brand colors and create a unique gym experience for members. Read More...
Equinox And SoulCycle To Launch Full-Service Talent Management Agency; WME To Serve In Advisory Role
Posted: July 19, 2018 in Chains
NEW YORK, N.Y. - Equinox, the high-performance lifestyle leader, along with SoulCycle, the leading lifestyle boutique studio, announced the development of a talent management agency exclusively representing their leading, market-defining fitness talent. The management agency will launch with a network of employees from across the brands' global portfolio of Fitness Clubs and Studios. Read More...
World Gym Continues International Expansion With 11 New Gyms In 2018
Posted: July 17, 2018 in Chains
LOS ANGELES, CA - World Gym International, the iconic global brand of seriously fun fitness, has 11 new international locations in four countries. World Gym continues its steady growth with these new gyms which are a mix of conversions from existing gyms and brand-new facilities. World Gym International credits its international growth to the strength of the modernized World Gym brand and the expansion of World Gym Athletics, a group training program available at World Gyms around the globe. Read More...
Crunch Franchise Announces Its Newest Location in Corona, California
Posted: July 16, 2018 in Chains
CORONA, CA - Crunch Franchise announced the opening of a 20,000 square-foot gym with state-of-the-art equipment and amenities in the heart of Corona, California. Fusing fitness with entertainment to make serious exercise fun, the new Crunch location will offer top-quality cardio and strength training equipment, half-hour circuit training, personal training, a functional training area with indoor turf, spin classes, a dedicated group fitness studio and more. Read More...
LA Fitness Announces Launch of its First Ever Podcast: Living Healthy
Posted: July 16, 2018 in Chains
IRVINE, CA - LA Fitness has officially launched the Living Healthy Podcast, an extension of the Living Healthy blog but in an audio format, which will serve as an additional resource for members and listeners to help them better stay on track with their health and fitness goals. Listeners will receive on-demand health, nutrition and inspirational advice. Read More...
Club Pilates to Add Nine Studios in the Chicagoland Area by Year End, Bringing Total to 23
Posted: July 16, 2018 in Chains
CHICAGO, IL - There is a new workout gaining popularity around the Chicagoland area: Pilates. In fact, the practice has become so popular that Club Pilates, the nation's largest premium, boutique Pilates franchise is seeing exponential growth in the Chicagoland area. By the end of 2018, Club Pilates will have 23 locations open in the market. The demand for the workout stems from the Reformer-based exercises that are designed to help both the mind and body. Read More...
Crunch Fitness Announces Its Newest Location In Round Rock, Texas
Posted: July 10, 2018 in Chains
ROUND ROCK, TX - Crunch Franchise announced the opening of a new, 24-hour fitness facility with state-of-the-art equipment and amenities in Round Rock, Texas.
Fusing fitness with entertainment to make serious exercise fun, the new 20,000 square-foot Crunch location will offer top-quality cardio and strength training equipment, half-hour circuit training, a functional training area with indoor turf, spin classes, Olympic lifting platforms, a dedicated group fitness studio, childcare services, tanning and HydroMassage beds and more. Read More...
Planet Fitness, Inc. Announces Refinancing Transaction
Posted: July 9, 2018 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE:PLNT) (together with its subsidiaries, the "Company") announced that certain of its subsidiaries intend to complete a refinancing of their existing senior secured credit facilities with a new securitized financing facility. As of March 31, 2018, the Company had an outstanding principal amount of term loans under its senior secured credit facilities of approximately $707.7 million. The Company intends to replace the senior secured credit facilities with a new $1.225 billion securitized financing facility, expected to be comprised of $1.15 billion of senior fixed-rate term notes (the "2018 Notes") and $75 million of variable funding notes (collectively, the "Notes"). Read More...
Snap Fitness St. John’s Member Wins 14th Annual SilverSneakers Award
Posted: July 9, 2018 in Chains
CHANHASSEN, MN - Sally Miller, 72, of Dewitt, MI won the nationally-recognized Swanson Award through SilverSneakers. The Swanson Award honors SilverSneakers members who have improved their lives through a healthy lifestyle that incorporates physical activity while inspiring and motivating others along the way. The award was established in memory of SilverSneakers founder Mary Swanson’s father. Sally was nominated by her son, Robb Miller, who owns the Snap Fitness St. John’s, MI location. Read More...
9Round Celebrates Its Ten-Year Anniversary
Posted: July 5, 2018 in Chains
GREENVILLE, S.C. - 9Round, the world’s fastest growing kickboxing fitness franchise, is celebrating its ten-year anniversary this month. Since the company’s inception in July 2008, 9Round has quickly become a leader in both the fitness and franchising industry, operating more than 700 locations in 42 states and 13 countries. Read More...
Genesis Health Clubs Acquires Fort Collins Club
Posted: June 28, 2018 in Chains
FORT COLLINS, CO - Genesis Health Clubs announced that it will acquire the Fort Collins Club in Fort Collins, Colorado. With a storied history of over 30 years as a fitness leader in the community, the 55,000 square-foot club represents a large step forward for Genesis Health Clubs and its members in Colorado. Read More...
World Gym International Promotes Guy Cammilleri To Chief Executive Officer and Doug Katona to Chief Operations Officer
Posted: June 28, 2018 in Chains
LOS ANGELES, CA - World Gym International, the iconic global brand of seriously fun fitness, has announced two executive promotions, restructuring and growing its Los Angeles-based team. Guy Cammilleri has been elevated to Chief Executive Officer and Doug Katona has been appointed to Chief Operations Officer. World Gym International will continue to expand its US operations team over the next few months to service its corporate and franchised gyms. Read More...
