Health and Fitness Club Industry News: Chains
Wednesday, May 15th, 2024
National Fitness Partners Grows North Carolina Territory, Acquires 12 Clubs from Planet Fitness Franchisee
Posted: September 18, 2019 in Chains
CAMP 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
WACO, 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
SAN 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
AUSTIN, 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
ORLANDO, 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
NEW 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
DALLAS, 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
DALLAS, 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
PHOENIX, 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
DALLAS, 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
SAN 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
AUSTIN, 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
ST. 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
DALLAS, 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
NEW 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
FORT 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
WICHITA, 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
STAMFORD, 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
SAN 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
NEW 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...
