Health and Fitness Club Industry News: Suppliers
Wednesday, August 26th, 2026
Peloton Completes Acquisition of Precor
Posted: April 1, 2021 in Suppliers
NEW YORK, N.Y. - Peloton (NASDAQ: PTON), a leading interactive fitness platform, announces it has officially closed the acquisition of Precor, one of the largest global commercial fitness equipment providers with a significant U.S. manufacturing presence. Peloton acquired Precor for $420 million in cash, subject to customary adjustments for working capital, transaction expenses, cash and indebtedness. The acquisition of Precor was announced on December 21, 2020. Read More...
UpSwell’s Secret To Rebuilding Your Gym’s Member Base With Direct Mail
Posted: March 30, 2021 in Suppliers
As we continue to look back on the year that brought radical changes to the fitness industry and left lingering effects in its wake, it’s important that we learn from the challenges and grow. As a result of the pandemic, pressures from new safety mandates, social distancing, limited capacity and membership cancellations were more than enough to cause many health clubs to close their doors for good. Many people have lost their gym because of COVID-19, and some have yet to find another club to replace their last. As an industry that relies heavily, if not exclusively, on memberships, use this new niche to your advantage when targeting new membership prospects. Here's UpSwell's strategy... Read More...
The American College of Sports Medicine Releases Statement on Violence against People of Asian Descent
Posted: March 30, 2021 in Suppliers
INDIANAPOLIS, IN - The American College of Sports Medicine (ACSM) is committed to diversity. Diversity within ACSM creates a working and learning atmosphere that encourages varied perspectives and an open exchange of ideas. While ACSM is an international organization, today we focus on the racial injustices seen with recent attacks against people of Asian descent in the U.S. Read More...
Hyperice Named Proud Partner of the New York Yankees
Posted: March 29, 2021 in Suppliers
IRVINE, CA - Hyperice, an industry leader in recovery technology and pioneer of percussion, vibration, dynamic air compression and thermal technology, has announced the company has been named a Proud Partner of the New York Yankees. The partnership not only taps one of the most coveted sports brands in the world, but further extends Hyperice's strategic partnership and investment by Major League Baseball (MLB) as the league's Official Recovery Technology Partner. Read More...
Anoop Singh Named Vice President of Strategic Initiatives at Mindbody
Posted: March 25, 2021 in Suppliers
SAN LUIS OBISPO, CA - Mindbody, a leading experience technology platform for the wellness industry, has announced the hiring of Anoop Singh as Vice President of Strategic Initiatives. Singh joins Mindbody from Vista Consulting Group, part of the value creation team at Vista Equity Partners. Read More...
USTA, ITA Enter Strategic Alliance to Elevate College Tennis
Posted: March 25, 2021 in Suppliers
ORLANDO, FL - The United States Tennis Association (USTA) and the Intercollegiate Tennis Association (ITA) have entered into a new strategic alliance that formalizes the two organizations’ ongoing collaboration to strengthen and elevate collegiate tennis. This alliance between the sport’s national governing body and its college coaches association brings greater focus and resources to both new and existing initiatives that the two organizations believe will not only benefit college tennis but the entire tennis ecosystem. Read More...
Wellbeats Debuts New Injury Prevention Channel
Posted: March 24, 2021 in Suppliers
MINNEAPOLIS, MN - Wellbeats announces the introduction of a brand-new channel that many customers have been asking for: Circuit-style classes to strengthen muscles in frequent pain-point areas: Low Back, Shoulder, Knee, Ankle and Neck. Read More...
You Can Now Join the 2nd REX Supplier / Partner Roundtable
Posted: March 23, 2021 in Suppliers
GARRISON, N.Y. - Since 1989, clubs have had the opportunity to enhance their business through the most unique business development program on the planet. Now, in 2021, industry suppliers / partners can finally join REX Roundtables. To learn more about the REX / IHRSA Supplier Roundtable program, join us for an informational Zoom call taking place March 24 at 2:30 PM EDT. Read More...
World Gym International Selects Life Fitness as a Preferred Partner
Posted: March 23, 2021 in Chains, Suppliers
ROSEMONT, IL - Life Fitness has signed a partnership agreement to be a preferred equipment supplier to World Gym International. Under the agreement, Life Fitness will supply World Gym facilities with select premium cardio and strength training equipment from its Hammer Strength and SCIFIT brands, in addition to its Life Fitness SPARC and Arc Trainer cardio products. Read More...
ACSM and Technogym Partner to Promote Physical Activity, Improve Quality of Life
Posted: March 23, 2021 in Suppliers
INDIANAPOLIS, IN - Adults averaged more than eight hours a day sitting prior to COVID-19. Some report sedentary behavior has increased upwards of three hours since the pandemic hit. As world leaders in health and wellness, the American College of Sports Medicine (ACSM) and Technogym understand the increased health risks people face when they are less active. That’s why the two organizations are extending their partnership to promote the importance of physical activity to combat chronic disease and illness. Read More...
