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Health and Fitness Club Industry News: Chains

Monday, January 20th, 2020

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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...

The Bay Club Company Announces Collaboration With Leisure Sports, Inc.
Posted: November 13, 2018 in Chains

The Bay ClubSAN FRANCISCO, CA - The Bay Club Company (“Bay Club”) announced it has agreed to acquire five properties from Leisure Sports, Inc. and enter into a development relationship for future opportunities. This agreement between two tradition-rich companies, both Northern California based brands, creates a premier membership offering throughout the West Coast. As part of the agreement, Bay Club will merge ClubSport properties in Walnut Creek, Danville, Pleasanton and Fremont, in addition to a location in Portland, Oregon, bringing the total number of Bay Club properties to 26 across nine campuses in the Bay Club portfolio. The properties will be operated by Bay Club, and over time, they will be converted to the Bay Club brand name. Read More...

United PF Partners Acquires Arizona Planet Fitness Club Group
Posted: September 5, 2018 in Chains

Planet FitnessAUSTIN, TX - United PF Partners (United PF), the largest Planet Fitness (NYSE :PLNT) franchisee, has acquired 19 Planet Fitness locations in the Phoenix market from JEG-FIT, increasing its operating club count to 108 clubs across 10 states. United PF was formed by JLM Financial Partners (JLM) and Eagle Merchant Partners (Eagle) in November 2016 with the merger of several leading Planet Fitness franchisees. In addition to acquiring the operating clubs from JEG-FIT and the remaining development rights to the Phoenix market, the investment from United PF will provide capital to fuel club-level improvements and growth through the development of new clubs in this market. Read More...

St. Pete Couple Acquires Corporate Fitness Works
Posted: August 22, 2018 in Chains

Corporate Fitness WorksST. PETERSBURG, FL - Corporate Fitness Works, which offers wellness and fitness solutions to companies nationwide, has been sold to Beth and Michael Vivio, two experienced business leaders in St. Petersburg. Beth Vivio was Executive Director of a 13-county Girl Scout council that served more than 6,000 girls and 1,600 volunteers. Michael Vivio was previously CEO of Valpak Direct Marketing and Publisher of the Austin American-Statesman in Austin, Texas. Based in St. Petersburg, CFW serves more than 80 companies across 140 sites nationwide and specializes in four areas: health and wellness programming, fitness center design, equipment procurement and fitness center management. Read More...

ClubCorp Acquires Brookstone Golf & Country Club
Posted: August 1, 2018 in Chains

ClubCorp - The World Leader In Private ClubsDALLAS, TX - ClubCorp announces the acquisition of Brookstone Golf & Country Club, a family friendly golf and lifestyle club located in the foothills of the North Georgia Mountains 30 miles north of Atlanta in Acworth. ClubCorp plans a major capital project that will completely renovate and redesign the dining spaces, add a new fitness center and enhance the aquatics, tennis and golf experiences. Read More...

KKR to Acquire The Bay Club Company
Posted: July 27, 2018 in Chains

The Bay ClubNEW YORK, N.Y. and SAN FRANCISCO, CA - KKR, a leading global investment firm, and The Bay Club Company (“Bay Club”), a premier active lifestyle and hospitality company, announce the signing of a definitive agreement under which KKR will acquire Bay Club from York Capital Management and minority investors, including JMA Ventures and Roxborough Group. Financial details of the transaction were not disclosed. Read More...

Genesis Health Clubs Acquires Fort Collins Club
Posted: June 28, 2018 in Chains

Genesis Health ClubsFORT COLLINS, CO - Genesis Health Clubs announced that it will acquire the Fort Collins Club in Fort Collins, Colorado. With a storied history of over 30 years as a fitness leader in the community, the 55,000 square-foot club represents a large step forward for Genesis Health Clubs and its members in Colorado. Read More...

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