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Health and Fitness Club Industry News: Chains

Monday, October 22nd, 2018

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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...

Rodney Steven II and Genesis Health Clubs Announce Acquisition of all Kansas City-area World Gym Locations, Reaching Twenty Clubs in Kansas City Area
Posted: May 31, 2018 in Chains

Genesis Health ClubsWICHITA, KS - Rodney Steven II announced that Genesis Health Clubs will acquire both Kansas City-area World Gym locations and begin a major remodeling project on the Merriam Genesis location. Following closely on the heels of the announcement of the $30 million Goddard Aquatic Center, the acquisition of the new Merriam and Vivion Road locations brings the total count of Genesis Health Clubs locations to 47 across Kansas, Nebraska, Colorado, Missouri and Oklahoma. Read More...

Atlantic Street Capital-Backed PLNTF Holdings Broadens Footprint with Acquisition of Clubs in Alabama and Virginia
Posted: May 30, 2018 in Chains

Planet FitnessSTAMFORD, CT - Atlantic Street Capital (Atlantic Street), a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced that its portfolio company PLNTF Holdings (PLNTF), owner of Planet Fitness health clubs in the greater Indianapolis area, has acquired 14 additional health clubs in Alabama and Virginia as part of the next step in its acquisition strategy to expand into new and growing geographic regions. Read More...

The Bay Club Company Expands Northern California Presence With Acquisition of Broadway Tennis Center
Posted: May 3, 2018 in Chains

The Bay ClubSAN FRANCISCO, CA - The Bay Club Company (“Bay Club”), a California-based hospitality company, announced the acquisition of Broadway Tennis Center (“BTC”), continuing its growth of luxury properties in the California marketplace. Effective June 1, Bay Club will assume operations of Broadway Tennis Center, which will be offered as an additional amenity to Bay Club members in the Northern California market. The state-of-the-art tennis facility located in Burlingame, California will complement the current offerings that Bay Club is recognized for and further expand their Four Points of Focus: fitness, sports, hospitality and family. Read More...

Town Sports International Holdings Inc. Announces Acquisition of TMPL Gym
Posted: February 28, 2018 in Chains

Town Sports InternationalNEW YORK, N.Y. - Town Sports International Holdings Inc., ("TSI' or the "Company") (Nasdaq: CLUB), a diversified holding company and the largest owner and operator of fitness clubs in the Northeast, announced the acquisition of TMPL. Founded by David Barton, TMPL focuses on the intersection of metabolic science, exercise and nutrition leveraging state of the art technology to drastically change one's body. Read More...

Town Sports International Holdings, Inc. to Acquire Total Woman Gym and Spa
Posted: February 22, 2018 in Chains

Town Sports InternationalJUPITER, FL - Town Sports International Holdings, Inc. ("TSI” or the "Company") (NASDAQ:CLUB) announced that, through its wholly-owned subsidiaries, it has entered into an asset purchase agreement to acquire substantially all of the assets of the Total Woman Gym and Spa business (“Total Woman”). Once consummated, this acquisition will add another women-focused fitness brand to the Company’s growing fitness portfolio. The acquired assets of the California-based Total Woman business include 12 locations which TSI will continue to operate under the Total Woman brand. Read More...

Exaltare Capital Expands Fitness Franchise by Acquiring 10 Planet Fitness Health Clubs in Central New York
Posted: January 24, 2018 in Chains

Planet FitnessBOSTON, MA - ECP-PF Holdings Group, Inc. (“ECP-PF”), a portfolio company of Exaltare Capital Partners, has announced that it successfully acquired 10 Planet Fitness health clubs in the central New York region from Robert Morris. ECP-PF was formed in 2012 through Exaltare Capital’s acquisition of 15 Planet Fitness health clubs in Connecticut. This acquisition brings ECP-PF’s portfolio of health clubs to 71 locations in Connecticut, upstate New York, New Mexico, Arizona and western Canada. ECP-PF plans to build another 50 locations over the next five years, including at least 10 in upstate New York. Read More...

Crunch Fitness Franchisee Fitness Holdings LLC Acquires Boost Fitness, Expands Across Massachusetts
Posted: January 9, 2018 in Chains

Crunch FranchiseNEW YORK, N.Y. - Crunch Fitness Franchise announced that its Connecticut-based franchisee, Fitness Holdings LLC, has acquired Boost Fitness, the largest independent fitness chain in Central Massachusetts. The acquisition increases the number of Crunch locations in Massachusetts five-fold, growing the club base from two clubs to ten in the Boston area. Read More...

Planet Fitness Announces Expansion into All 50 States with First Location in Hawaii; Headquarters Acquires 6 Franchise Stores in Long Island
Posted: January 4, 2018 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has expanded its footprint to all 50 states with the opening of its first club in Hawaii. The first Judgement Free Zone in Hawaii is now open and located at the Ala Moana Center in Honolulu. Read More...

Genesis Health Clubs Acquires Lincoln Athletic Club; Starts Construction on Largest Health Club in Manhattan, Kansas History
Posted: December 4, 2017 in Chains

Genesis Health ClubsLINCOLN, NE - Genesis Health Clubs continued its recent explosion of growth, acquiring Lincoln Athletic Club, an 88,000 square foot facility, including multiple fitness areas, an indoor track, a collegiate sized basketball court, indoor and outdoor swimming pools, three group fitness studios, indoor and outdoor tennis courts, two racquetball courts, multiple steam rooms, a hot tub, massage therapy center, tanning rooms, meeting rooms, a kid’s gym, nursery, and pro shop.

MANHATTAN, KS - Genesis Health Clubs has announced that November 29 was the official groundbreaking and start of construction on its new Manhattan 70,000 square foot location, the company’s 45th. The facility will be the largest health club in Manhattan, Kansas history, bringing an unprecedented array of fitness options to the community, all under one roof. Read More...

Miramont Lifestyle Fitness Joins Genesis Health Clubs’ Rapidly Growing Family of Locations
Posted: November 2, 2017 in Chains

Genesis Health ClubsFORT COLLINS, CO - Miramont Lifestyle Fitness announces the sale of all four health clubs, located in Fort Collins, Colorado, to Genesis Health Clubs based in Wichita, Kansas. This includes the three main full-service health clubs under the Miramont Lifestyle Fitness name: Miramont North, Miramont South and Miramont Central, with amenities such as indoor and outdoor swimming pools, tennis courts and a climbing gym, as well as REVE fitness, a boutique studio currently operated by Miramont Lifestyle Fitness. Founder and owner Cliff Buchholz is pleased to have Genesis taking the reins of Miramont Lifestyle Fitness. Read More...

Genesis Health Clubs to Purchase Fitness 2000 and All Assets
Posted: August 2, 2017 in Chains

Genesis Health ClubsWICHITA, KS - Fitness 2000 announced that it will sell all its assets to Genesis Health Clubs, effective immediately. Located at 1046 S. Oliver St. in Wichita, KS, and open since 1996, Fitness 2000 was a 22,000 square foot facility, featuring cardio and weight loss equipment and many more amenities. Fitness 2000 owner Mohsen Etezazi indicated that the time is right. “We’ve had a great run, but for personal reasons, it’s time to move on. Fortunately, we’ve worked out an arrangement with Genesis Health Clubs, so our members will now have access to a lot of nearby options for their daily workouts.” Read More...

Town Sports International Holdings Inc. Announces Plans to Acquire Lucille Roberts Health Club Business
Posted: July 14, 2017 in Chains

Town Sports InternationalNEW YORK, N.Y. - Town Sports International Holdings Inc., ("TSI' or the "Company") (Nasdaq: CLUB), owner and operator of New York Sports Clubs (NYSC), announced that it has entered into an agreement to acquire Lucille Roberts Health Clubs businesses. The closing of the transaction is subject to certain conditions. The parties expect the transaction to be closed within the next month. The acquisition will add 16 clubs to TSI's portfolio in the Northeast and Mid-Atlantic regions of the United States. Read More...

ClubCorp Enters into a Definitive Agreement to be Acquired by Certain Investment Funds Affiliated with Apollo Global Management in an All-Cash Transaction Valued at $1.1 Billion
Posted: July 9, 2017 in Chains

ClubCorp - The World Leader In Private Clubs DALLAS, TX and NEW YORK, N.Y. - ClubCorp – The World Leader in Private Clubs (NYSE:MYCC), announced that it has entered into a definitive agreement with affiliates of certain investment funds (the "Apollo funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (NYSE:APO), a leading global alternative investment manager, pursuant to which the Apollo funds will acquire all of the outstanding shares of ClubCorp for $17.12 per share in cash, or approximately $1.1 billion. The all-cash transaction represents a premium of approximately 30.7% over ClubCorp’s closing stock price on July 7, 2017. Read More...

ClubCorp Announces 5th Acquisition in 2017 With Purchase of Medina Golf & Country Club in Medina, Minnesota
Posted: June 22, 2017 in Chains

ClubCorp - The World Leader In Private ClubsDALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE:MYCC) – announces the acquisition of Medina Golf & Country Club, a formerly member-owned private club, in Medina, Minnesota, just west of downtown Minneapolis. This is the first club in Minnesota for ClubCorp, expanding the company’s presence to 28 states. ClubCorp plans to spend more than $2.5 million over the first two years to reinvent the club bringing new contemporary dining and lifestyle features to the clubhouse and patio, plus improvements to the golf course, golf practice facilities and aquatics. Read More...

The Bay Club Company Expands Southern California Presence With Acquisition of Manhattan Country Club
Posted: June 6, 2017 in Chains

The Bay ClubSAN FRANCISCO, CA - The Bay Club Company (“Bay Club”), a California-based hospitality company, announced the acquisition of Manhattan Country Club (“MCC”), continuing its growth of luxury properties in the California marketplace. Manhattan Country Club will complement the current offerings that Bay Club is recognized for and further expand their Four Points of Focus: fitness, sports, hospitality and family. Read More...

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