Health and Fitness Club Industry News: Chains
Saturday, April 27th, 2024
CDM Fitness Holdings Grows Pacific Northwest Footprint with Purchase of Seven Tacoma-Area Planet Fitness Clubs
Posted: March 12, 2024 in Chains
KENT, WA - CDM Fitness Holdings (CDM), an SBJ Capital portfolio company [based in Foxborough, MA, with an office in Kent, WA] and one of the largest developers and operators of fitness clubs under the Planet Fitness brand, announces the purchase of seven Tacoma, Washington-area Planet Fitness clubs from Jeg Viper LLC of Philadelphia. The properties total nearly 162,000 square feet. This transaction (which did not involve brokers) grants CDM the rights to build and operate additional clubs in the Tacoma area. Read More...
9Round Kickboxing Expands Reach with Acquisition of iLoveKickboxing
Posted: March 6, 2024 in Chains
GREENVILLE, S.C. - 9Round Kickboxing Fitness, the world's largest kickboxing franchise, announces its recent acquisition of iLoveKickboxing (ILKB), a prominent kickboxing fitness franchise. This strategic move positions 9Round as the sole proprietor of all 56 ILKB franchise locations across the United States and Canada. Read More...
Orangetheory Fitness and Self Esteem Brands Announce Intent to Merge as Equals, Creating a New Company Representing One of the Largest Footprints of Fitness, Health and Wellness Services
Posted: February 29, 2024 in Chains
BOCA RATON, FL and WOODBURY, MN - Orangetheory Fitness, a leader in heart rate-based interval training, and Self Esteem Brands, a leading portfolio of purpose-driven health and personal care franchise brands, have announced an intent to merge as equals in an all-stock transaction, forming a new company with one of the largest footprints of fitness, health and wellness services in the world. Read More...
In-Shape Family Fitness Acquires National Fitness Center
Posted: December 18, 2023 in Chains
SACRAMENTO, CA - In-Shape Family Fitness (In-Shape) announces the acquisition of Knoxville, Tennessee-based National Fitness Center, marking a significant move to grow its fitness industry footprint. This acquisition marks another major fitness addition, and the first in Tennessee, to In-Shape’s progression. The team at In-Shape Family Fitness, together with the team at National Fitness Center, will now operate 70 clubs in California and Tennessee and is poised for continued growth. Read More...
Bay Club Acquires PRO Club in Pacific Northwest Expansion Continuing Growth Along the West Coast
Posted: December 4, 2023 in Chains
SAN FRANCISCO, CA - The Bay Club Company ("Bay Club") announces the acquisition of PRO Club Inc., owners/operators of the renowned health and wellness facilities in Seattle, marking a significant milestone in the company’s growth in the Pacific Northwest. Bay Club’s acquisition of the two PRO Club locations marks the company’s third major acquisition in just three months and further ignites their strategic expansion along the West Coast. Bay Club now boasts 26 locations including 10 Campuses from Seattle to San Diego. With a projected membership exceeding 135,000 and a workforce of over 4,000 employees, the company is poised for ongoing, sustainable growth, with more acquisitions coming in 2024. Read More...
Largest Private Fitness Provider Nationally Moves into Evansville, Indiana
Posted: November 30, 2023 in Chains
EVANSVILLE, IN - Genesis Health Clubs announces the acquisition of Tri-State Athletic Club, effective immediately. The club, now known as Genesis Health Clubs – Tri-State Athletic Club, represents the 66th in the ever-growing Genesis portfolio, and the first in Indiana. Read More...
EōS Fitness Acquires Fitness Club in Silverado
Posted: November 22, 2023 in Chains
PHOENIX, AZ - EōS Fitness, a national fitness brand rapidly expanding to empower and grow a community of exercise practitioners of all experience levels, acquired UFC Fit Silverado, an MMA-inspired fitness facility in Las Vegas, Nevada, continuing EōS’ ongoing investment and commitment to upgrading the Las Vegas Valley fitness scene. Read More...
Largest Private Fitness Provider Nationally Acquires Iconic Lexington Facility
Posted: November 9, 2023 in Chains
LOUISVILLE, KY - Genesis Health Clubs announces the acquisition of Lexington Tennis Club, effective immediately. The club, now known as Genesis Health Clubs - Lexington Tennis Club, represents the 66th in the ever-growing Genesis portfolio, and the third in Kentucky. Read More...
Life Time to Acquire Arden Hills Athletic & Social Club Property in Sacramento in Early 2024
Posted: October 13, 2023 in Chains
SACRAMENTO, CA - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, and Arden Hills Athletic & Social Club located in Sacramento, California, announces the closure of Arden Hills as of December 31, 2023, and Life Time's acquisition of the property with an early 2024 reopening as Life Time Arden. Details of the transaction were not disclosed. Read More...
Bay Club Acquires Key Sports Resort in Marin County Continuing Their Ongoing Bay Area Growth Strategy
Posted: October 9, 2023 in Chains
SAN FRANCISCO, CA - The Bay Club Company (“Bay Club”) took another step forward in its ongoing growth in the Bay Area, announcing the acquisition of Rolling Hills Club (“Rolling Hills”). Rolling Hills joins Bay Club’s Marin County Campus, which includes three additional properties. The acquisition of Rolling Hills 8-acre swim and tennis club located in Novato at the foothills of Mt. Burdel brings even more diversity to Bay Club’s Marin Campus. Read More...
Bay Club Continues to Deliver on Growth Strategy With Bay Area Country Club Acquisition
Posted: August 31, 2023 in Chains
SAN FRANCISCO, CA - The Bay Club Company ("Bay Club") announces the first milestone that underscores a continued growth plan along the West Coast–the acquisition of Crow Canyon Country Club ("Crow Canyon"). Crow Canyon's acquisition and subsequent expansion mark a pivotal step forward as Bay Club embarks on a significant trajectory of growth. By year-end, the company's footprint will expand to encompass more than 25 locations, including 11 Campuses, 135,000 members and a workforce exceeding 4,000 employees. Read More...
Crunch Franchisee, Fitness Holdings Northeast, Acquires Aspen Athletic Clubs, Growing the Franchise to 40 Locations
Posted: August 7, 2023 in Chains
GREENWICH, CT - Fitness Holdings LLC, Crunch Fitness’ largest franchisee in the Northeast, announces the acquisition of Aspen Athletic Clubs in New York. The two clubs are spacious 30,000 square foot gyms offering premier state-of-the-art equipment and amenities. The clubs will be a great addition to Fitness Holdings’ portfolio and growth strategy to own and operate 60 clubs by the end of year 2024. Read More...
Crunch Franchisee Announces Purchase of Two New Locations in Dallas, Texas
Posted: July 12, 2023 in Chains
NEW YORK, N.Y. - Crunch Franchisee, CR Fitness Holdings, announces the purchase of two new gyms in Allen and North Richland Hills in Dallas, Texas. Formerly big-box gyms operating under a different brand, these locations will be taken over as Crunch gyms on August 1 and will join CR Fitness' roster of 50 gyms across Texas, Florida, Georgia and North Carolina. CR Fitness is owned by Vince Julien, Geoff Dyer, Tony Scrimale, and Jeff Dotson, who together, have more than 150 years of experience in the fitness industry. CR Fitness has doubled in growth over the last several years with plans to build fifteen to twenty new clubs per year. Read More...
Genesis Health Clubs Acquires Iconic Tulsa Tennis Facility
Posted: June 8, 2023 in Chains
TULSA, OK - Genesis Health Clubs announces the acquisition of RH91 in Tulsa, Oklahoma, effective immediately. The club, now known as Genesis Health Clubs – Riverside, represents the 64th in the ever-growing Genesis portfolio, and its 19th tennis facility. The transition to Genesis allows former RH91 members immediate access to Genesis’ other four Tulsa-area facilities, South Tulsa, Midtown Tulsa, Broken Arrow, and Woodland Hills, at no extra charge, along with over 60 other locations across the nation. Read More...
Genesis Health Clubs Set For Big Bet On Volleyball With Volleyball Beach Acquisition
Posted: May 17, 2023 in Chains
KANSAS CITY, KO - Genesis Health Clubs, the largest privately-owned fitness company in the nation, with over 20 locations in the greater Kansas City area, announces they have acquired Volleyball Beach, a popular destination for volleyball enthusiasts in Kansas City. Volleyball Beach offers 14 outdoor sand volleyball courts, eight of which become indoor air-dome courts in the winter for year-round recreational and competitive leagues and tournaments. Read More...
Harbour Island Athletic Club in Tampa and Atlanta’s Athletic Club Northeast to Become Life Time Athletic Country Clubs
Posted: April 7, 2023 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces it has entered into new and extended long-term leases with RMR Group for the Harbour Island Athletic Club in Tampa, Florida and Atlanta's Athletic Club Northeast in North Druid Hills. Both clubs closed earlier this year and will reopen as Life Time athletic country clubs in the coming months, offering Life Time's comprehensive array Healthy Way of Life programs and services for everyone seeking healthy, active lives. Read More...
EoS Fitness Acquires Texans Fit Gym Chain, Hits Milestone of 75 Open Gyms Nationwide
Posted: April 6, 2023 in Chains
DALLAS, TX - EoS Fitness, a national fitness brand rapidly expanding, increased its Texas presence overnight bringing its national footprint to 75 open gyms with the acquisition of Houston-based Texans Fit, a five-gym chain founded by the Houston Texans and fitness company M6 Football. Read More...
Genesis Health Clubs Enters Louisville Market, Acquires Two Iconic Lousiville Tennis Institutions
Posted: February 28, 2023 in Chains
LOUISVILLE, KY - Genesis Health Clubs announces the acquisition of the Blairwood Tennis, Swim & Fitness Club and the Louisville Tennis Club, effective immediately. The clubs, now known as Genesis Health Clubs - Blairwood and Genesis Health Clubs - Louisville Tennis Club, represent the 62nd and 63rd clubs, and Kentucky is now the 8th state in which Genesis operates. Read More...
YouFit Gyms Announces Multimillion Dollar Investment Into Locations; Sells Texas Locations to Retro Fitness
Posted: January 12, 2023 in Chains
DEERFIELD BEACH, FL - YouFit Gyms, the popular nationwide fitness chain, announces its plans for a multimillion-dollar investment to further enhance their 70+ locations for their members. In addition to the investment YouFit Gyms is making, they recently agreed to sell the YouFit Gyms Texas locations to Retro Fitness. Read More...
Genesis Health Clubs Enters Orlando Market, Makes Major Acquisition
Posted: December 20, 2022 in Chains
ORLANDO, FL - Genesis Health Clubs and MVP Sports Clubs announce the sale of the RDV Sportsplex from MVP to Genesis. Since 1998, the 365,000-square-foot facility has served as one of the most unique and comprehensive multi-purpose health and athletic facilities in the country. The acquisition includes RDV Athletic Club, RDV Ice Den and onsite office spaces. Read More...
