Health and Fitness Club Industry News
Saturday, September 27th, 2025
24 Hour Fitness to Launch New Fitness Formats Focused on Recovery Training and Longevity
Posted: June 3, 2024 in Chains
CARLSBAD, CA - 24 Hour Fitness, a 40-year leader in health and fitness, announces the launch of two new MODUS group fitness classes concentrating on improved recovery, physical resilience and quality of life as we age. Both classes represent a "prehab" approach to physical function: enhancing overall fitness to prevent injuries before they occur, all in a small group setting. Read More...
Peloton Announces Successful Completion of $1.35 Billion Holistic Refinancing
Posted: May 30, 2024 in Suppliers
NEW YORK, N.Y. - Peloton Interactive, Inc. ("Peloton") (NASDAQ: PTON) announces it has successfully completed a holistic refinancing that reduced overall debt, extended debt maturities and achieved more flexible loan terms. Peloton used net proceeds from the notes and new credit facilities, together with cash on hand, to strategically repurchase approximately $800 million of 0% convertible senior notes due in 2026 at a discount, to refinance its existing term loan and revolving credit facilities and to pay fees and related expenses. Read More...
NFL Star Dak Prescott Launches New Partnership with CR Fitness Holdings to Expand Crunch Fitness Presence Nationwide
Posted: May 29, 2024 in Chains
TAMPA, FL - CR Fitness Holdings LLC, a leading Crunch Fitness franchisee, announces a new partnership with Dak Prescott, star quarterback for the Dallas Cowboys. This collaboration aims to expand the Crunch Fitness brand by delivering affordable fitness and wellness services to local communities throughout the United States. With a goal to operate 100 clubs nationwide by 2026, CR Fitness Holdings LLC is led by industry veterans Vince Julien, Geoff Dyer, Tony Scrimale, and Jeff Dotson, who combined have more than 150 years of experience in the fitness sector. Read More...
Planet Fitness, Inc. Announces Proposed Refinancing Transaction
Posted: May 29, 2024 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announces that certain of its subsidiaries intend to complete a refinancing transaction, which will include the issuance of a new series of securitized debt under their existing securitized financing facility and repayment of their existing Series 2018-1 Class A-2-II Notes. Read More...
Life Time Closes on $40 Million Sale-Leaseback Transaction
Posted: May 29, 2024 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that it closed on a sale-leaseback transaction for approximately $40 million in gross proceeds. The transaction involved one property with an institutional real estate investor that owns another Life Time destination. The transaction terms were not disclosed. Read More...
Blink Fitness Partners with The OUT Foundation for Pride 2024
Posted: May 29, 2024 in Chains
NEW YORK, N.Y. - Blink Fitness, the affordable fitness brand known for its commitment to an all-inclusive and inviting environment, is kicking off its annual Pride celebration with a series of efforts to raise dollars and awareness in support of The OUT Foundation. The partnership will advance The OUT Foundation's work in removing the barriers that block LGBTQ+ individuals from access to and participation in health, fitness and wellness. Read More...
ACSM Unveils New Brand Identity, Marking 70th Anniversary and Strategic Shift
Posted: May 29, 2024 in Suppliers
INDIANAPOLIS, IN - In a momentous occasion coinciding with its 70th anniversary, the American College of Sports Medicine (ACSM) unveils the launch of its new brand identity and strategic plan at the 2024 Annual Meeting. This significant milestone reflects ACSM’s commitment to innovation, collaboration and the advancement of movement. Read More...
Life Time and Microsoft Partner on Launch of AI-Driven Companion for Members: L.AI.C
Posted: May 28, 2024 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH) announces the launch of L.AI.C ("lay-see"), the first generative, AI-driven Healthy Way of Life personal companion for its members. Now rolling out in beta via the Life Time member app, L.AI.C represents the latest innovation in the company's relentless pursuit to help people live healthier, happier lives. Read More...
EōS Fitness Kicks Off 2024 with Amplified Growth
Posted: May 28, 2024 in Chains
DALLAS, TX - EōS Fitness, the fast-growing High Value. Low Price. (HVLP) gym, with over 125 locations open or on the way, began 2024 with an impressive Q1 packed with new location openings, innovative amenities and executive team developments that illustrate the company’s leadership in the health and fitness industry. Read More...
USTA Names Coaches for 2024 U.S. Olympic and Paralympic Tennis Teams
Posted: May 27, 2024 in Suppliers
ORLANDO, FL - The USTA announces its Olympic and Paralympic coaches for the upcoming Summer Games in Paris. Olympic doubles gold medalist and Davis Cup captain Bob Bryan and USTA Head of Women’s Tennis and former Billie Jean King Cup captain Kathy Rinaldi will be leading the men’s and women’s teams, respectively. Four-time Paralympian Jon Rydberg and World Team Cup coach John Devorss will lead the Paralympic men, women, and quad teams. Read More...
The Mercy Health-Anderson HealthPlex Achieves Medical Fitness Facility Certification
Posted: May 24, 2024 in Suppliers
LOMBARD, IL - Medical Fitness Facility Certification is the first and only certification offered specifically to facilities in the medical fitness industry, an industry that serves over four million members worldwide. Power Wellness announces that its partner, Mercy Health-Anderson HealthPlex has achieved Medical Fitness Facility Certification by the Medical Fitness Association (MFA), the country’s leading organization dedicated solely to medically integrated wellness and fitness facilities. Read More...
Genesis Health Clubs Acquires Both Locations of Saw Mill Club
Posted: May 23, 2024 in Chains
MT. KISCO, N.Y. - Genesis Health Clubs announces the acquisition of both locations of Saw Mill Club, effective immediately. The clubs, now known as Genesis Health Clubs – Saw Mill Club, and Genesis Health Clubs – Saw Mill Club East, represent the 71st and 72nd clubs in the ever-growing Genesis portfolio and the first in New York, its 11th state. Read More...
Crunch Fitness Announces its Newest Location in Cedar Hill, Texas
Posted: May 22, 2024 in Chains
CEDAR HILL, TX - Crunch Fitness announces the opening of Crunch Cedar Hill, a 31,000-square foot gym with $5M in state-of-the-art equipment and amenities, projected to open its doors in fall 2024. The new gym will be located in a former 24-Hour Fitness location. Crunch Cedar Hill is owned by Tony Hartl, founder of The Undefeated Tribe, one of the fastest growing franchises within the Crunch Fitness system. Read More...
Ecore Athletic Elevates the Pickleball Court Experience with the Introduction of MODcourt Pickle
Posted: May 22, 2024 in Suppliers
LANCASTER, PA - Ecore, a company that transforms reclaimed materials into high-performance products that make people’s lives better, has added a new product to its Ecore Athletic portfolio with the introduction of MODcourt Pickle, a portable, comfortable, high-performance indoor pickleball surface. MODcourt Pickle features an 8mm vulcanized composition rubber (VCR) base layer and is ideal for a wide range of facilities from fitness clubs and gyms to convention centers. Read More...
Xponential Fitness Honored as Finalist for Top Middle-Market Company by Association for Acquisition of Lindora
Posted: May 22, 2024 in Chains
IRVINE, CA - Xponential Fitness, one of the leading global franchisors of health and wellness brands, was honored as a finalist at the Association for Corporate Growth (ACG) Annual Business Awards for its acquisition of Lindora, a leading provider of medically-guided weight loss and metabolic health solutions. The designation pays tribute to the highest-performing middle market companies in Orange County and the Inland Empire, as determined by an independent panel of judges. Read More...
FIT4MOM Partners with ABC Fitness for Member Management Solution to Grow Pre- and Post-natal Women’s Wellbeing Programs
Posted: May 22, 2024 in Suppliers
LITTLE ROCK, AR - FIT4MOM, a renowned leader in women's pre- and post-natal fitness programs, has selected ABC Fitness, technology provider for fitness businesses worldwide, as their exclusive member management solution. ABC Fitness’ boutique and studio franchise solution, ABC Glofox, will provide its operating platform to FIT4MOM in their nearly 250 locations, with growth expected to accelerate in the next two to three years, fueled by this partnership. Read More...
Blink Fitness Supports Communities with New Mural Installations Featuring Local NYC Artists
Posted: May 21, 2024 in Chains
NEW YORK, N.Y. - Blink Fitness, the affordable fitness brand known for its commitment to an all-inclusive and inviting environment, announces it has engaged five NYC-area artists for original mural installations at select Blink locations across the boroughs. Reinforcing the brand's commitment to community and cultural enrichment, as the "gym for every body," the unique hand-painted works aspire to celebrate diversity and foster a deepened sense of belonging among its members. Read More...
Extraordinary Brands Acquires Row House, A New Addition to Their Growing Fitness Portfolio
Posted: May 21, 2024 in Chains
CHARLOTTESVILLE, VA - Extraordinary Brands announces the acquisition of Row House, marking the third boutique fitness brand to join the burgeoning fitness conglomerate, which continues to grow alongside Premium Service Brands. Row House, a dynamic rowing-focused group training concept, will join Eat the Frog Fitness and pūrvelo in the expanding lineup of Extraordinary Brands. Read More...
Peloton Interactive, Inc. Announces Launch of Global Refinancing
Posted: May 20, 2024 in Suppliers
NEW YORK, N.Y. - Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) announces it intends to launch a global refinancing, pursuant to which it will offer $275.0 million aggregate principal amount of convertible senior notes due 2029 (the "notes") in a private offering (the "offering") and enter into a $1.0 billion five-year term loan facility (the "new term loan facility") and a $100.0 million five-year revolving credit facility (together with the new term loan facility, the "new credit facilities"). Read More...
Xponential Fitness Provides Update on Leadership Transition
Posted: May 17, 2024 in Chains
IRVINE, CA - Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), announces that Anthony Geisler has resigned as Chief Executive Officer of Xponential. Brenda Morris will continue to serve as Xponential’s Interim Chief Executive Officer. The Board has initiated a search for the Company’s next CEO with support from the previously retained leading executive search firm. Read More...
