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Health and Fitness Club Industry News: Chains

Friday, September 18th, 2020

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Genesis Health Clubs Acquires all Seven Locations of The Athletic Clubs
Posted: July 17, 2020 in Chains

Genesis Health ClubsWICHITA, KS - Fresh off its recent expansion in Des Moines, Iowa, Genesis Health Clubs announced the acquisition of all seven locations of The Athletic Clubs, formerly known as Prairie Life Fitness, across three states. Members of the former Athletic Club locations will gain immediate access to over 50 locations across six states, and Genesis members will gain access to the new clubs immediately. Read More...

RSG Group Set to Acquire Gold’s Gym
Posted: July 14, 2020 in Chains

Gold's GymBERLIN - RSG Group GmbH, one of Europe’s innovation leaders in the fitness and lifestyle sectors, was selected as the winning bidder in a court-approved auction process held on July 13, 2020, and is set to acquire one of the most well-known and iconic gym chain in the world, Gold’s Gym. With this acquisition, RSG Group, which has mainly been active in Europe up to now, will become a global leader in fitness with over 900 locations and will be represented on six continents. Read More...

Anytime Fitness Asia Acquired by Inspire Brands Asia Amidst COVID-19 Crisis
Posted: May 27, 2020 in Chains

Anytime FitnessSINGAPORE - Anytime Fitness Asia has been purchased by Inspire Brands Asia, a consortium of its top submaster franchisees in Malaysia, Philippines, and Singapore; lead investor Exacta Capital Partners; and co-investor Aura Group. The acquisition includes the Master Franchisee license in Singapore, Malaysia, Philippines, Indonesia, Thailand, Taiwan, Vietnam, Hong Kong and Macau, with over 350 locations sold and over 250 gyms opened. Read More...

Former Gold’s Gym Executive Turns Franchisee with Acquisition of 24 Company-Owned Locations
Posted: March 3, 2020 in Chains

Gold's GymDALLAS, TX - Gold's Gym, a trusted fitness authority, has announced that former Senior Vice President of Eastern U.S. Operations and longtime Washington D.C. resident, Matt Clifford, along with Gold's Gym corporate veterans, Brenda Jorgensen and Josh Fuglsby, has purchased the franchise rights to 24 company-owned gyms throughout the D.C. area. CFJ Holdings is the newest addition to the brand's portfolio of area franchisees, which now collectively covers more than 40 Gold's Gym locations across D.C., Maryland and Virginia. Read More...

Fitness Holdings Northeast Acquires Crunch Harrisburg
Posted: February 13, 2020 in Chains

Crunch FitnessGREENWICH, CT - Fitness Holdings Northeast, LLC ("Fitness Holdings"), one of the leading franchise groups in the Crunch Fitness network, announced its acquisition of Crunch Fitness Harrisburg, in southern Pennsylvania. The acquisition closed in December 2019, bringing Fitness Holdings' total club count to 22, with over 100,000 members. Read More...

Honors Holdings, the Largest Franchisee of Orangetheory Fitness, Acquires Significant Operations in New England
Posted: January 8, 2020 in Chains

Orangetheory FitnessATLANTA, GA - Honors Holdings, a leading global franchisee of Orangetheory Fitness, the heart-rate based interval training fitness franchise, has announced their expansion into the northeast United States with several recent acquisitions including 12 corporate-owned studios and area development rights for both Massachusetts and Rhode Island, as well as more than 20 sub-franchised locations. Terms were not disclosed. Read More...

Genesis Health Clubs Announces Milestone 50th Club with the Acquisition of Four Aspen Athletic Club Locations in Des Moines, Iowa, with More to Come
Posted: November 26, 2019 in Chains

Genesis Health ClubsDES MOINES, IA - Genesis Health Clubs Owner/President Rodney Steven II has announced that Genesis Health Clubs has acquired four Des Moines Aspen Athletic Clubs locations and plans to start a major remodeling project on the clubs. The acquisition of the Merle Hay, Hickman Road, SE 14th and West Glen locations brings the total count of Genesis Health Clubs locations to a milestone 50 locations. Read More...

Elite Sports Clubs Acquired by Peter Goldman of Lakeshore Sport & Fitness
Posted: November 22, 2019 in Chains

Elite Sports ClubsBROOKFIELD, WI - It has been announced that Elite Sports Clubs, with five locations in the greater Milwaukee area, is changing ownership. Elite Sports Clubs has been acquired by a group led by Peter Goldman, which currently owns Lakeshore Sport & Fitness, with two locations in Chicago, IL. Elite Sports Clubs was previously owned for over 30 years by Kay Yuspeh, who transformed the clubs and industry during her career. Read More...

EXOS Acquires Desert Institute of Physical Therapy
Posted: November 14, 2019 in Chains

EXOSPHOENIX, AZ - EXOS, a global leader in human performance headquartered in Phoenix, is expanding their reach in the Phoenix market by joining forces with Desert Institute of Physical Therapy.The current clinical staff will continue to provide physical therapy services to the community while benefiting from the extra support and resources that will come from becoming an EXOS Physical Therapy and Sports Medicine location. Read More...

ClubCorp Acquires Seven Golf and Country Clubs from Toll Golf
Posted: October 31, 2019 in Chains

ClubCorp - The World Leader In Private ClubsDALLAS, TX - ClubCorp – The World Leader in Private Clubs – announces it has acquired seven premier lifestyle golf clubs in residential communities located on the East Coast from Toll Golf, the golf and country club division of Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes. The clubs, which offer a variety of lifestyle amenities such as upscale, resort-style golf, tennis, fitness, aquatics, sports and dining, include... Read More...

National Fitness Partners Grows North Carolina Territory, Acquires 12 Clubs from Planet Fitness Franchisee
Posted: September 18, 2019 in Chains

Planet FitnessCAMP HILL, PA; CHARLOTTE, N.C. and ATLANTA, GA - Argonne Capital Group, LLC ("Argonne Capital" or "Argonne") has announced that its portfolio company, National Fitness Partners ("NFP" or the "Company"), entered into a definitive agreement to acquire 12 Planet Fitness clubs operating in the Triad North Carolina area (Winston-Salem, Greensboro, High Point) from GNT Triad, LLC ("GNT"). The transaction is expected to close within the next thirty days. This acquisition continues to add to the footprint of the Company, which will now operate 71 clubs in Pennsylvania, Delaware, North Carolina and South Carolina. NFP's headquarters is in Camp Hill, PA, but the Company also maintains an office in Charlotte which will support the newly acquired clubs. Read More...

Curves President Krishea Holloway to Acquire Curves DF Holdings
Posted: August 21, 2019 in Chains

CurvesWACO, TX - Curves DF Holdings has announced the sale of the business to current President, Krishea Holloway. An agreement to acquire all shares was reached between North Castle Partners, existing Shareholders, and Holloway. They closed the transaction on August 15th, 2019. Read More...

TPG Partners with Crunch Fitness
Posted: July 1, 2019 in Chains

Crunch FitnessSAN FRANCISCO, CA; FORT WORTH, TX; and NEW YORK, N.Y. - TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, announced that it has partnered with company management to acquire Crunch Fitness. The transaction includes Crunch’s company-owned “Signature” facilities, as well as its global franchising business. Financial terms of the transaction were not disclosed. Read More...

United PF Partners Acquires 26 Planet Fitness Clubs in Arkansas, Tennessee, Missouri, Mississippi, and Illinois
Posted: June 18, 2019 in Chains

Planet FitnessAUSTIN, TX - United PF Partners (United PF), the largest Planet Fitness (NYSE: PLNT) franchisee, has acquired 26 Planet Fitness locations and certain development rights in the Arkansas, Tennessee, Missouri, Mississippi and Illinois markets from PF Arkansas, LLC. This acquisition increases United PF's operating club count to 152 clubs across 14 states, spanning the West, Southwest, Midwest, South and Mid-Atlantic regions. Read More...

Sunshine Fitness Acquires 13 Additional Planet Fitness Clubs Across the Southeast U.S.
Posted: April 10, 2019 in Chains

Planet FitnessORLANDO, FL - Sunshine Fitness Growth Holdings, LLC (“Sunshine Fitness”), a leading owner and operator of Planet Fitness clubs in the Southeast United States backed by TSG Consumer Partners (“TSG”), announced its acquisition of 13 additional Planet Fitness clubs in South Carolina and Georgia from Anchor Fitness LLC. With this acquisition, Sunshine Fitness now operates 80 clubs across Florida, North Carolina, South Carolina, Alabama and Georgia. Read More...

Centre Partners Acquires Majority Stake in One World Fitness
Posted: March 29, 2019 in Chains

Centre PartnersNEW YORK, N.Y. - Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced that it has acquired a majority interest in New England Fitness and affiliates, now doing business as One World Fitness PFF, LLC ("One World Fitness" or the "Company"), a leading owner and operator of fitness clubs under the Planet Fitness banner. The Company's founder, Bill Fidler, and other key members of management invested alongside Centre. Financial terms were not disclosed. Read More...

ClubCorp Acquires TPC Craig Ranch in McKinney, Texas
Posted: January 2, 2019 in Chains

ClubCorp - The World Leader In Private ClubsDALLAS, TX - ClubCorp – The World Leader in Private Clubs – announces the acquisition of TPC Craig Ranch, a premier, private club in the Dallas suburb of McKinney. Located on 233 acres of breathtaking countryside within a lifestyle community, TPC Craig Ranch features a Tom Weiskopf-designed championship golf course, ranked #18 on Golf Digest’s 2018 “Best Golf Courses in Texas” list. Read More...

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

ClubCorp - The World Leader In Private ClubsDALLAS, 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...

EXOS Acquires Boost Physical Therapy and Sports Performance
Posted: December 4, 2018 in Chains

EXOSPHOENIX, AZ - EXOS, a leader in human performance, announced their acquisition of Boost Physical Therapy and Sports Performance, a leading physical therapy organization in the Kansas City area. By combining EXOS methodology with the Boost Physical Therapy and Sports Performance practices, these eight locations will be able to provide more services and continue to improve the lives of their patients. Read More...

ClubCorp Announces the Addition of The Ridge Club on Cape Cod
Posted: November 28, 2018 in Chains

ClubCorp - The World Leader In Private ClubsDALLAS, TX - ClubCorp – The World Leader in Private Clubs – announces the acquisition of The Ridge Club, a premier, family oriented golf and lifestyle club located in Sandwich, Massachusetts, on Cape Cod. Plans for capital improvements are currently being developed. ClubCorp acquired Brookstone Golf & Country Club near Atlanta this past July and opened The Collective, a new private club concept in Seattle in May. In recent weeks, ClubCorp also announced the launch of ClubLife Management, a comprehensive management services division for private clubs, destination resorts and premier daily-fee golf courses. Read More...

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