Health and Fitness Club Industry News: Chains
Wednesday, October 9th, 2024
L Catterton to Acquire Majority Stake in [solidcore]
Posted: October 2, 2024 in Chains
GREENWICH, CT - L Catterton, a leading global consumer-focused investment firm, announces it has signed a definitive agreement to acquire a majority stake in [solidcore] from VMG Partners, Kohlberg & Company and Peterson Partners. Read More...
Easy Mile Fitness Acquires Nine Planet Fitness Locations in Oregon
Posted: September 17, 2024 in Chains
BOSTON, MA - Easy Mile Fitness, a privately held Planet Fitness franchisee, has announced it has acquired nine Planet Fitness locations in Oregon from the Lubrano Franchise Group (OKTA Holdings). The new territory marks Easy Mile Fitness' entry into the west coast market. The nine Planet Fitness locations are located in the fast-growing market of Portland and Eugene, Oregon. Read More...
Blink Fitness Signs Asset Purchase Agreement with PureGym
Posted: September 10, 2024 in Chains
NEW YORK, N.Y. - Blink Fitness ("Blink" or the "Company"), the affordable fitness brand known for its commitment to an inclusive and inviting environment, announces it has reached an agreement with Pinnacle US Holdings, a subsidiary of PureGym Ltd. ("PureGym") and a leading global gym operator, to acquire Blink's corporate operations and a substantial portion of Blink's locations, with a focus on New York and New Jersey. The agreement is subject to court approval and gives PureGym 'stalking horse' status ahead of an auction, scheduled to take place on October 28 if competing bids are received. Read More...
Meaningful Partners Acquires Fitness Ventures, the Second Largest Crunch Fitness Franchisee
Posted: August 21, 2024 in Chains
LOS ANGELES, CA and AUSTIN, TX - Meaningful Partners, LLC announces the closing of its acquisition of Fitness Ventures, LLC, the second largest Crunch Fitness franchisee. Founded by CEO Brian Hibbard in 2016, Fitness Ventures is a leading health and wellness platform that currently owns and operates 47 locations with rights to develop clubs in multiple geographies across the United States. Read More...
Fitness International Acquires XSport Fitness, Expanding Presence in Chicagoland, New York and Virginia Markets
Posted: July 16, 2024 in Chains
IRVINE, CA - Fitness International, LLC, operator of LA Fitness, Esporta Fitness, City Sports Club and Club Studio brands, announces its acquisition of XSport Fitness, marking a significant expansion of Fitness International's offerings in the Chicagoland, New York and Virginia markets. In keeping with its mission to provide quality fitness experiences to its members, Fitness International plans to invest in and enhance these new locations, rebranding under one of its four brand names. Read More...
Genesis Health Clubs Acquires Both Locations of Saw Mill Club
Posted: May 23, 2024 in Chains
MT. KISCO, N.Y. - Genesis Health Clubs announces the acquisition of both locations of Saw Mill Club, effective immediately. The clubs, now known as Genesis Health Clubs – Saw Mill Club, and Genesis Health Clubs – Saw Mill Club East, represent the 71st and 72nd clubs in the ever-growing Genesis portfolio and the first in New York, its 11th state. Read More...
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...
