Health and Fitness Club Industry News: Suppliers
Monday, September 14th, 2026
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...
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...
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...
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...
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...
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...
USTA Names Former NFL Executive Kevin Flaherty as CFO
Posted: May 16, 2024 in Suppliers
PURCHASE, N.Y. - The USTA announces that Kevin Flaherty has been named the USTA’s Chief Financial Officer. This position will report to Lew Sherr, the USTA’s CEO and Executive Director. Flaherty comes to the USTA after previously serving as the Senior Vice President of Club Finance at the National Football League (NFL). Read More...
ACSM, NATA Team Up to Support Collegiate Athletic Trainer Workforce
Posted: May 15, 2024 in Suppliers
DALLAS, TX - During a national virtual media briefing, the American College of Sports Medicine (ACSM) and the National Athletic Trainers’ Association (NATA) issued a joint statement in support of the collegiate athletic trainer workforce. Read More...
SilverSneakers Celebrates 20 Years of Honoring Inspiring Seniors with the Opening of Nominations for the 2024 Member of the Year Awards
Posted: May 13, 2024 in Suppliers
NASHVILLE, TN - SilverSneakers by Tivity Health, a leading fitness program designed for older adults, announces the opening of nominations for the 20th annual SilverSneakers Member of the Year Awards. This prestigious national honor recognizes SilverSneakers members who embody the program's mission of inspiring others to lead healthy, active lives through their own extraordinary commitments to wellbeing. Read More...
