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MINDBODY Enters into Definitive Agreement to be Acquired by Vista Equity Partners for $1.9 Billion
Posted: December 25, 2018 in Suppliers

SAN LUIS OBISPO, CA - MINDBODY (NASDAQ: MB) has announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a leading investment firm focused on software, data and technology-enabled businesses. Under the terms of the agreement, Vista will acquire all outstanding shares of MINDBODY common stock for a total value of approximately $1.9 billion. MINDBODY shareholders will receive $36.50 in cash per share, representing a 68% premium to the unaffected closing price as of December 21, 2018. Read More...

ClubIntel Announces the Release of the 2018 International Health/Fitness Industry Trend Study – What’s All The Rage?
Posted: December 20, 2018 in Suppliers

DALLAS, TX - ClubIntel, a global leader in conducting market research related to the health/fitness industry, announces the publication of the 2018 International Health/Fitness Industry Trend Study – What’s All the Rage? This comprehensive fitness industry trend study, now in its fourth year, explored 105 industry trends across four major categories: equipment, facilities, programming and technology. Read More...

Life Time Expands Houston Presence with Baybrook Opening, a $37-Million Athletic Lifestyle Resort
Posted: December 20, 2018 in Chains

BAYBROOK, TX - Life Time, a premier healthy lifestyle brand, is continuing to transform the healthy living landscape in the Houston area with the opening of Life Time Athletic Baybrook. A grand opening celebration featured tours, fitness demonstrations, food sampling and kids' entertainment. The Baybrook location has created more than 300 new positions to serve members in a variety of full and part-time roles. The massive 255,000+-square-foot destination is the company's ninth location in the Houston market. Read More...

International Tennis Hall of Fame Elects New Officers
Posted: December 20, 2018 in Other News

NEWPORT, R.I. - Michael F. Goss, Executive Vice President and CFO of Sotheby's, has been elected Chairman of the Board of Governors of the International Tennis Hall of Fame, following his three-year term as Vice Chairman. Goss succeeds John Arnhold, who is concluding a three-year term as Chairman. Charlie Pasarell, a longtime tennis industry leader and a 2013 inductee of the International Tennis Hall of Fame, has been elected Vice Chairman. Read More...

Blink Fitness Boosts Affordable Fitness Access for Every Body by Joining the Silver&Fit and Active&Fit Networks
Posted: December 19, 2018 in Chains

NEW YORK, N.Y. - Blink Fitness, a premium quality, affordable fitness brand, announces that it is now participating in two programs that will provide new and current members of all ages access to affordable gym memberships. The programs include the Silver&Fit Exercise and Healthy Aging Program and the Active&Fit Program. Read More...

ClubLife Management Signs On Boca Lago Country Club in Boca Raton, Florida
Posted: December 19, 2018 in Chains

DALLAS, TX - ClubLife Management, a full-service management division, sponsored by ClubCorp, dedicated to private clubs, premier resort and daily fee golf courses and city clubs, announces the addition of Boca Lago Country Club in Boca Raton, Florida, to its portfolio. Spanning more than 250 acres of manicured grounds, Boca Lago Country Club features 50 acres of scenic lakes and tropical landscaping with an abundance of natural wildlife. Read More...

Mosaic Clubs Announces Exciting Company Rebrand to Bobby Jones Links
Posted: December 19, 2018 in Chains

ATLANTA, GA - Atlanta-based Mosaic Clubs announces the company’s official transition to a new, reinvigorated brand celebrated by the highly anticipated adoption of a new name, Bobby Jones Links. The transition from Mosaic Clubs to Bobby Jones Links is part of an overarching mission to offer expanded services throughout the club management business. Read More...

ABC Financial and Muscle Up Marketing Announce Vendor Relationship
Posted: December 18, 2018 in Suppliers

SHERWOOD, AR and ALPHARETTA, GA - ABC Financial, a leading software and payment processing provider to the health and fitness industry, and Muscle Up Marketing, a full-service marketing firm specializing in serving the health and fitness industry, have announced their partnership. With this partnership, Muscle Up Marketing becomes ABC Financial's first platinum marketing partner. Read More...

IHRSA Announces New Board Nominees
Posted: December 18, 2018 in HFA

BOSTON, MA - IHRSA, The International Health, Racquet & Sportsclub Association, has announced four nominees for the IHRSA Board of Directors. The four nominees are: Frank Lawrence, CEO - Little Rock Athletic Centers, LLC; Chris Smith, CEO and President - SNFW Fitness BC Ltd.; Chris Stevenson, Owner - Stevenson Fitness; Greta Wagner, Executive Director, EVP - Chelsea Piers. All four will stand for election during IHRSA’s annual meeting in March at the IHRSA International Convention & Trade Show in San Diego, CA. If elected, each will serve a four-year term from July 1, 2019 through June 30, 2023, joining the distinguished company of the current IHRSA Board... Read More...

Crunch Franchise Announces Its Newest Location in Louisville, Kentucky
Posted: December 12, 2018 in Chains

LOUISVILLE, KY - Crunch Franchise announced the March 2019 opening of a $2.5 million, 31,000 square-foot fitness center with state-of-the-art equipment and amenities in Louisville, Kentucky. Crunch Dixie will be one of the largest Crunch locations nationwide. Read More...

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