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Health and Fitness Club Industry News: Chains

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Atlantic Street Capital-Backed PLNTF Holdings Broadens Footprint with Acquisition of Clubs in Alabama and Virginia
Posted: May 30, 2018 in Chains

Planet FitnessSTAMFORD, CT - Atlantic Street Capital (Atlantic Street), a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced that its portfolio company PLNTF Holdings (PLNTF), owner of Planet Fitness health clubs in the greater Indianapolis area, has acquired 14 additional health clubs in Alabama and Virginia as part of the next step in its acquisition strategy to expand into new and growing geographic regions. Read More...

Gold’s Gym Celebrates National Best Friends Day With Free Workouts
Posted: May 30, 2018 in Chains

Gold's GymDALLAS, TX - Studies have long shown the benefits of working out with a friend, and the advantages are even greater if the workout partner is supportive, according to a 2016 study. That's why Gold's Gym is celebrating National Best Friends Day on Friday, June 8, by offering free workouts and group exercise classes for BFFs who want to get in shape together. Gold's Gym has also partnered with celebrity personal trainer Melissa Alcantara and national fitness model Karina Elle to design a custom buddy workout that offers another way to enjoy National Best Friends Day while working up a sweat. Read More...

Crunch Fitness Launches Strengthened By Heroes Campaign
Posted: May 29, 2018 in Chains

Crunch FitnessNEW YORK, N.Y. - Crunch Fitness announces the launch of the Strengthened by Heroes national campaign. Strengthened by Heroes demonstrates Crunch's gratitude by honoring those veterans and first responders who are everyday heroes. Through this initiative, Crunch hopes to make a difference in their communities by encouraging other veterans to join their team or to find support through fitness. Read More...

US Fitness Receives Majority Investment from Delos Capital and HRS Management
Posted: May 29, 2018 in Chains

US FitnessMCLEAN, VA - US Fitness, a leading operator of high-amenity, high-value health and fitness clubs across the Mid-Atlantic and Southeast United States, announced that it has received a majority investment from Delos Capital, a leading private equity firm, with HRS Management, the family office of Apollo Management co-founder Joshua Harris, investing alongside Delos. Co-Chairmen Kirk and John Galiani and President John Cristiano continue to own a significant interest in the company. New Evolution Ventures has sold its interest in US Fitness as part of the transaction and financial terms were not disclosed. Read More...

Alberta Company Acquires World Health Edmonton
Posted: May 23, 2018 in Chains

World HealthCALGARY, ALBERTA, CANADA - The owners of World Health Calgary, Spa Lady (Edmonton and Calgary) and Bankers Hall Club have completed a transaction to acquire the assets of World Health Edmonton, Fresh Fit Foods and Tru Ride Cycle Studio. The alignment between the companies brings 24 Alberta fitness clubs under one ownership group. This provides a platform to increase convenience for members and deliver new and unique health and fitness offerings. Read More...

Blink Fitness Promotes Two Key Players; Names Todd Magazine CEO
Posted: May 22, 2018 in Chains

Blink FitnessNEW 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, has announced the promotion of former president Todd Magazine to Chief Executive Officer and former Vice President of Operations David Collignon to Senior Vice President of Operations. Read More...

Equinox Unveils Study Linking Behavioral Sleep Coaching to Exercise Performance Benefits
Posted: May 22, 2018 in Chains

EquinoxNEW YORK, N.Y. - Equinox, a high-performance lifestyle leader, unveiled a study led with researchers at the David Geffen School of Medicine at UCLA linking behavioral sleep coaching to wide-ranging exercise performance benefits. A first in clinical research, the findings indicate that sleep coaching has the power to impact athletic performance, and specifically, suggest that guided sessions enable subjects to increase aerobic performance, decrease body fat percentage and increase endurance. Read More...

EverybodyFights Partners with Aaptiv to Bring Its In-Gym Boxing Fitness Experience to Everyone, Everywhere
Posted: May 21, 2018 in Chains

EverybodyFightsNEW YORK, N.Y. - EverybodyFights, an award-winning boxing gym, announced a partnership with Aaptiv, a leading provider of premium digital health and wellness content. As part of the partnership, EverybodyFights, which was founded by George Foreman III, son of the two-time heavyweight champion George Foreman Sr., has created audio-guided classes exclusively for Aaptiv that are modeled after its in-gym experience and based on a real fighter's training camp. Read More...

In-Shape Health Clubs Partners With TRX On Education Program For Trainers
Posted: May 17, 2018 in Chains

In-ShapeSTOCKTON, CA - In-Shape Health Clubs, California’s top destination for fitness and recreation, announced a partnership with the global leaders in functional training equipment, TRX, to deliver a custom-made education program for all In-Shape personal trainers. In-Shape’s MOVE7 training system, developed in partnership with TRX, will enable In-Shape trainers to design personalized programs for their clients with hundreds of exercises that will build strength, mobility, flexibility, power and stamina, all based on a simple and effective set of seven foundational movements. Read More...

Crunch Franchise Announces Its Newest Locations in Killeen, Texas and Dearborn, Michigan
Posted: May 15, 2018 in Chains

Crunch FranchiseKILLEEN, TX and DEARBORN, MI - Crunch Franchise, the fitness chain with more to offer than any other low-cost gym, announced the May 14 opening of a state-of-the-art, 30,000-square foot gym in the vibrant and diverse community of Dearborn, Michigan. They also announced the planned opening of a new 26,000-square foot, 24/7 gym with state-of-the-art equipment and amenities in Killeen, Texas. The modern, expansive club will begin pre-selling memberships at a discount on July 14, 2018, in advance of an early September opening. Read More...

Planet Fitness, Inc. Announces First Quarter 2018 Results
Posted: May 9, 2018 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2018: Total revenue increased from the prior year period by 33.2% to $121.3 million. System-wide same stores sales increased 11.1%. Net income attributable to Planet Fitness, Inc. was $19.9 million, or $0.23 per diluted share, compared to net income attributable to Planet Fitness, Inc. of $8.8 million, or $0.14 per diluted share in the prior year period. Net income was $23.5 million, compared to net income of $17.9 million in the prior year period. Adjusted net income increased 42.3% to $26.2 million, or $0.27 per diluted share, compared to $18.4 million, or $0.19 per diluted share in the prior year period. Adjusted EBITDA increased 15.4% to $48.8 million from $42.3 million in the prior year period. 47 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,565 as of March 31, 2018. Read More...

Gold’s Gym Appoints Dave Reiseman Chief Marketing Officer
Posted: May 9, 2018 in Chains

Gold's GymDALLAS, TX - Gold's Gym has promoted Dave Reiseman to Chief Marketing Officer. Reiseman brings more than 20 years of brand-building experience across multiple industries including consumer, fitness, retail and franchising to his new position. Reiseman has been an integral part of the Gold's Gym marketing team for nearly 16 years, most recently serving as the company's Vice President of Marketing. In that role, he was responsible for driving overall brand marketing and communications efforts for more than 700 Gold's Gym locations around the world. Read More...

Greater Boston Health Boom Continues as Life Time Brings Fourth Massive Athletic Resort to the Market with Burlington Opening
Posted: May 8, 2018 in Chains

Life Time  - The Healthy Way Of Life CompanyBURLINGTON, MA - Life Time, the nation's only Healthy Way of Life brand, continues its quest to improve the health of the Greater Boston community with the Grand Opening celebration of Life Time Athletic Burlington. The massive, resort-like development will open for workouts to all members on Friday, May 11, at 4:00 AM. Read More...

Gold’s Gym And Gymshark To Launch Limited-Edition Performance Wear Collection
Posted: May 8, 2018 in Chains

Gold's GymDALLAS, TX - A trusted fitness authority, Gold's Gym, and leading fitness apparel brand, Gymshark, have collaborated to create a limited-edition performance wear collection, Gymshark x Gold's Gym, available beginning June 1. The partnership further establishes both Gold's Gym's and Gymshark's commitment to helping people achieve their potential through fitness. Read More...

The Bay Club Company Expands Northern California Presence With Acquisition of Broadway Tennis Center
Posted: May 3, 2018 in Chains

Bay ClubSAN FRANCISCO, CA - The Bay Club Company (“Bay Club”), a California-based hospitality company, announced the acquisition of Broadway Tennis Center (“BTC”), continuing its growth of luxury properties in the California marketplace. Effective June 1, Bay Club will assume operations of Broadway Tennis Center, which will be offered as an additional amenity to Bay Club members in the Northern California market. The state-of-the-art tennis facility located in Burlingame, California will complement the current offerings that Bay Club is recognized for and further expand their Four Points of Focus: fitness, sports, hospitality and family. Read More...

Crunch Franchise Announces Its Newest Location in Las Cruces, New Mexico
Posted: May 2, 2018 in Chains

Crunch FranchiseLAS CRUCES, N.M. - Crunch, the health club chain best known for making serious fitness fun through unique programming and cutting-edge training, will open its newest franchise location in Las Cruces, New Mexico. The nearly 40,000 square-foot club will bring Crunch's 'No Judgments' philosophy and fusion of fitness meets entertainment to the diverse Las Cruces community. Read More...

Equinox and Solstice Introduce The Northward Jacket; With Every Jacket Sold, One is Gifted to a Local Child in Need
Posted: May 2, 2018 in Chains

EquinoxLAWRENCE, KS - Equinox & Solstice announced the launch of the Northward Jacket, a responsibly sourced, windproof, water-resistant and breathable jacket that not only looks great but helps local disadvantaged youth. With every Northward Jacket purchased, Equinox and Solstice will gift the same jacket to a local kid in need. The Indiegogo campaign, which is being managed by the Launchpad Agency, has a funding goal of $30,000 USD and features limited Super Early Bird Specials of $119 as well as several other rewards for backers. Read More...

79 EXOS-supported Athletes Selected in 2018 NFL Draft
Posted: May 1, 2018 in Chains

EXOSPHOENIX, AZ - Seventy-nine EXOS-supported players were selected in the 2018 NFL draft, making up 31% of the total selections. This includes 15 first-round picks, five selections in the top 10, 10 of the top 15, and a record nine players selected first at their position. EXOS has now supported 165 first-round and 838 total draft picks. Read More...

Crunch Franchise Announces Its Newest Location In Tuscaloosa, Alabama
Posted: April 30, 2018 in Chains

Crunch FranchiseTUSCALOOSA, AL - Crunch Fitness, the company known for making Serious Fitness, Serious Fun, announced its newest club will be coming soon to Tuscaloosa, Alabama. The new, $3 million dollar, 42,000 square-foot Crunch location will be the largest fitness facility in Tuscaloosa and one of the largest Crunch clubs nationwide. Crunch Tuscaloosa will begin membership sales during its pre-opening phase with a planned opening in September. Read More...

Blink Fitness Opens Its Newest New Jersey Location In Newark
Posted: April 28, 2018 in Chains

Blink FitnessNEWARK, N.J. - Blink Fitness, the premium-quality, value-based fitness club, is excited announces the grand opening of its 69th location, in Newark, New Jersey. The club opened the doors to its much-anticipated location on Friday, April 27th. As a part of the Grand Opening celebration, Blink Fitness donated 50 one-year memberships, worth over $10,000, to CASA for Children of Essex County, an organization dedicated to promoting the welfare of children who have been removed from their homes because of abuse, neglect or abandonment by providing a safety net of support, advocacy and mentorship. Read More...

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