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Brightwood Capital Advisors Anchors Senior Secured Term Loan to Finance Acquisition of Longtime Portfolio Company ECP-PF Holdings Group
Posted: November 1, 2021 in Chains

Planet FitnessNEW YORK, N.Y. - Brightwood Capital Advisors, a leading private credit firm focused on providing capital to growing North American middle-market businesses, announced that it supported the sale of portfolio company ECP-PF Holdings Group, one of the nation's largest Planet Fitness franchisees, to TowerBrook Capital Partners, an international investment management firm. ECP-PF has been a portfolio company of Brightwood since 2012 and has executed several transactions to support the company's growth from a founder-owned, 15-location startup to a 108-location leader in the fitness franchisee sector serving approximately 600,000 members in the United States and Canada. Read More...

Codelocks Expands Into Europe with Strategic New Hire
Posted: November 1, 2021 in Suppliers

Code LocksE.U. - Codelocks has appointed Eddy van der Vegte as the new General Manager Codelocks EU, (CLEU). Eddy has over 15 years’ experience in the door hardware and access control sector and will be challenged with continuing to develop the Codelocks brands across the European Union. Codelocks established CLEU to supply continental European customers during the Brexit disruption. However, in order to fully promote Codelocks’ expanding product portfolio and meet increasing customer demand, the company’s long-term plan has always included significant investment. Read More...

Life Time Announces Third Quarter Fiscal 2021 Financial Results
Posted: October 28, 2021 in Chains

Life Time  - The Healthy Way Of Life CompanyCHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced its financial results for the fiscal third quarter ended September 30, 2021. Third Quarter 2021 Results and Prior Year Comparisons: Total revenue increased 66.7% to $385.0 million from $231.0 million. Comparable center sales increased 58.7%. Center memberships increased 16.7% to 668,310 as of September 30, 2021, from 572,811 as of September 30, 2020. Net loss improved to $(45.4) million from $(93.6) million and included tax-effected expenses of $3.2 million related to share-based compensation and $2.0 million primarily related to non-recurring losses incurred on a sale-leaseback of one of our centers. Adjusted EBITDA increased to $47.0 million from $(12.4) million. Read More...

Exos Tackles Health and Wellness Amid Pandemic Through Business Acceleration and New Products
Posted: October 28, 2021 in Suppliers

exosPHOENIX, AZ - Exos, an industry leader in human performance, has announced the company's business acceleration through a complete rebrand, first consumer campaign launch and a look forward into the future with new products that aim to leverage its past to shape the future of human performance. Read More...

Crunch Franchise Announces Newest Location in Arlington, Texas
Posted: October 27, 2021 in Chains

Crunch FranchiseARLINGTON, TX - Crunch Franchise has announced the upcoming December 2021 opening of Crunch Arlington, a 40,000-square-foot fitness facility, with state-of-the-art equipment and amenities in Tarrant County. Crunch Arlington will be located in a large retail plaza within a renovated space that was formerly occupied by the Stein Mart. Crunch Arlington is owned by SONO Capital Partners, who combined have 100+ years of experience in the fitness club industry. Read More...

Life Fitness Unveils New Mobile App, Life Fitness Connect, to Provide the Ultimate Workout Experience
Posted: October 27, 2021 in Suppliers

Life FitnessFRANKLIN PARK, IL - Life Fitness has unveiled Life Fitness Connect, a free-to-download mobile app for Apple and Android devices with advanced workout tracking capabilities and on-demand classes to help exercisers stay motivated on-and-off Life Fitness and Cybex equipment. To get the most out of their workouts, premium subscribers can choose from a wide array of Life Fitness On Demand studio-style classes and adaptive audio coaching classes led by top trainers. Read More...

ACE Grows Health Coach Education with the Launch of its Health Coach Advanced Training Program
Posted: October 27, 2021 in Suppliers

ACESAN DIEGO, CA - The American Council on Exercise (ACE) announces the launch of the Health Coach Advanced Training Program, an immersive, modern learning experience packed with advanced coaching skills, hands-on training and practical experience needed to enter the field of health coaching with confidence. This expert-led program provides hands-on training and practical experience with the advanced coaching skills needed for a successful career as a health coach. Read More...

NASM Launches New Certified Sports Nutrition Program to Help Maximize Athletic Performance
Posted: October 27, 2021 in Suppliers

NASMGILBERT, AZ - The National Academy of Sports Medicine (NASM), a world leader in fitness certifications, announces the launch of its newest program, Certified Sports Nutrition Coach (NASM-CSNC). This comprehensive online program equips health and nutrition coaches and fitness professionals with the skills, tools and strategies to help optimize sports performance for clients across the entire spectrum of athletes, from amateurs to elite performers. Read More...

WellRight Partners With Wellbeats to Add an Extensive, Culturally Diverse Library of Fitness Content
Posted: October 27, 2021 in Suppliers

WellbeatsCHICAGO, IL - WellRight, a personalized wellbeing and engagement platform, has added virtual fitness, nutrition and mindfulness classes from Wellbeats, a national leader in on-demand, virtual wellness for workplace wellbeing programs. The partnership gives WellRight users easy access to a wide range of culturally diverse classes and personalized recommendations to stay engaged in their wellbeing journey. Read More...

TG The Gym Arizona to Celebrate Grand Opening November 6
Posted: October 26, 2021 in Chains

TG The GymMESA, AZ - TG The Gym Mesa, Arizona will celebrate it’s grand opening on Saturday, November 6, 2021. The legendary Charles Glass “Godfather of Bodybuilding” and top IFBB pros Pete Ciccone, Mark Robinson, Brenna Martinez, Rob Fletcher and many others will be in attendance. Continuing to serve their community of bodybuilders, powerlifters and serious fitness enthusiasts, TG The Gym Arizona will feature over 40,000 square feet of indoor gym space, lap pool, saunas, private training studio, private spin studio, cardio theater room and converting the basketball court to a huge functional training room. Plus, all the hard core equipment TG has been known for over the past 36 years. Read More...

Augie’s Quest and Myzone 2021 MEPS Challenge
Posted: October 24, 2021 in Other News, Suppliers

Augie's QuestDENVER, CO and U.K. - Myzone is again linking up with Augie's Quest for a special 45-day Augie’s Quest Challenge for your club’s staffs that starts on November 1. The Challenge is a fundraiser for Augie’s Quest, and you can easily enter a team of seven staff to compete in this national challenge for a total donation of $349. Read More...

Reunited & It Felt So Good! IHRSA 2021 Ignites Fitness Industry Comeback
Posted: October 22, 2021 in IHRSA

IHRSA 2021BOSTON, MA - After a daunting two year hiatus, last week, fitness industry professionals gathered for IHRSA 2021, the 40th Anniversary IHRSA International Convention & Trade Show. For the first time ever, IHRSA 2021 attendees were able to join in-person in Dallas, Texas, or virtually to attend education sessions presented by industry experts, network, socialize with other fitness professionals and experience cutting edge fitness industry equipment and technology during the Trade Show. Read More...

FlexIt Enhances Its Partnership with AccuWeather By Integrating Weather-forecasting Technology Into Its Fitness Offering
Posted: October 21, 2021 in Suppliers

FlexItNEW YORK, N.Y. - FlexIt, the company known for its personalized fitness offerings that recently launched its premier training platform, FlexItPRO, is adding new features to its software via its partnership with the trusted weather resource, AccuWeather. AccuWeather and Flexit have been working together since 2019, and now take their partnership to new heights by combining AccuWeather forecasting with FlexIt's custom fitness to create the only weather-informed fitness tool on the market. By integrating AccuWeather forecasting capabilities into FlexIt, users can now take advantage of fitness curated for both their bodies and their environments. Read More...

Planet Fitness Selects Huge as Digital Agency of Record
Posted: October 21, 2021 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, announceds it has selected Huge, a global experience agency, as its new digital agency of record following a strategic competitive review. Planet Fitness will partner with Huge to accelerate the company's digital strategy and support the continuous evolution of its mobile app, website and in-club digital experience, with a focus on strategy, customer satisfaction and creative design within these digital channels. Read More...

EoS Fitness Raises Over $100,000 for Challenged Athletes Foundation
Posted: October 21, 2021 in Chains

EōS FitnessCARLSBAD, CA - Doubling down on its commitment to inclusivity and accessibility through a new long-term partnership with the Challenged Athletes Foundation (CAF), EoS Fitness presented the nonprofit with a check for $106,878.01 after fundraising across its 60+ gyms in support of CAF and the inspiring athletes it supports during the month of September. Read More...

Echelon and Eat Fit Go Announce Collaboration
Posted: October 21, 2021 in Suppliers

EchelonNEW YORK, N.Y. - Echelon, the connected fitness company revolutionizing the way people move, has announced an exclusive partnership with meal delivery company Eat Fit Go. The Echelon experience is known for providing real fitness solutions at every price point and Eat Fit Go provides real food for every lifestyle. This collaboration affords the Echelon community access to a truly comprehensive lifestyle program. Read More...

ClubCorp Acquires National Golf Club of Kansas City and “the Deuce”
Posted: October 21, 2021 in Chains

ClubCorp - The World Leader In Private ClubsKANSAS CITY, MO - ClubCorp officials announced it has acquired and will now own and operate the National Golf Club of Kansas City and the adjacent club, "the Deuce," building on the traditions established by the Illig and Patterson families while bringing ClubCorp’s unique ClubLife lifestyle experiences to the members both on and off the National Club’s legendary fairways. Read More...

IHRSA Foundation Mid-Year Updates
Posted: October 20, 2021 in IHRSA

The IHRSA FoundationBOSTON, MA - The IHRSA Foundation was established in 2012 with a core mission: to promote health through exercise. The importance of "health through exercise," has never been more apparent than in the last 18 months. As a global pandemic took its toll, the importance of physical activity for physical health, mental health and even protection against more severe COVID-19 outcomes became more evident, so too has the need to create inclusive, equitable access to opportunities to be physically active for people of all ages and abilities. The IHRSA Foundation shared many exciting updates in our 2020 Annual Report including... Read More...

VFPnext Chosen Franchising USA Magazine’s CRM of 2021
Posted: October 19, 2021 in Suppliers

Franchising USA - Daron AllenFORT WORTH, TX - One Texas-based business technology company wants to whip franchises into shape with their comprehensive customer relations software. Based in Fort Worth, Texas, VFPnext builds customer relationship management (CRM) software that also has automated marketing and sales built in. The VFPnext system consists of a digital guest registry, a full CRM to manage the complete customer journey, a sales presentation that is conducted on an iPad and a new customer orientation system designed to help increase ancillary sales. Read More...

Daxko Receives Investment to Accelerate Innovation and Growth
Posted: October 19, 2021 in Suppliers

DaxkoBIRMINGHAM, AL and DENVER, CO - Daxko, one of the health, fitness and wellness industry's leading software and integrated payments providers, has announced a recapitalization of the company by Genstar Capital and existing investor GI Partners, both of whom have deep investment and operational expertise in the software and payments sectors. The investment supports Daxko’s accelerated innovation in product development, customer support, sales and marketing and strategic acquisitions. Read More...

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