Health and Fitness Club Industry News: Chains
Tuesday, May 5th, 2026
Genesis Health Clubs Acquires Two VASA Fitness Locations
Posted: May 9, 2022 in Chains
WICHITA, KS - Genesis Health Clubs has announced the purchase of both Wichita-area VASA Fitness locations. The move is the latest in a dramatic strengthening of the company’s footprint in and around its home base and corporate headquarters in Wichita after years of expansion in the surrounding cities and states. Read More...
Olympus Acquires Planet Fitness Franchisee, Excel Fitness’ 90 Locations Serving 750,000 Members
Posted: April 29, 2022 in Chains
STAMFORD, CT - Stamford, Connecticut-based private equity firm, Olympus Partners, has acquired Excel Fitness Holdings, LLC ("Excel"), a Planet Fitness franchisee serving six markets including Austin, Dallas Ft-Worth, Northwest Arkansas, Raleigh-Durham, Tulsa and Virginia. Excel Fitness is headquartered in Austin, Texas and operates over 90 Planet Fitness locations serving nearly 750,000 members at the time of acquisition. Read More...
Fitness Holdings LLC Announces Newest Crunch Acquisitions in Moorestown and Somerset, New Jersey
Posted: April 27, 2022 in Chains
MOORESTOWN and SOMERSET, N.J. - Fitness Holdings LLC has announced their acquisition of Crunch Moorestown and Crunch Somerset. Crunch Moorestown and Crunch Somerset are both spacious 25,000-square-foot fitness facilities in New Jersey, with state-of-the-art equipment and amenities. Both locations are owned by fitness industry veteran Mark Federico, Chief Executive Officer for Fitness Holdings Northeast, LLC. The acquisition of these two clubs is part of a larger plan to grow to 50 clubs in two years. Read More...
VillaSport Announces Acquisition of Axiom Fitness
Posted: April 4, 2022 in Chains
SAN RAFAEL, CA - VillaSport Athletic Club and Spa announces the acquisition of Axiom Fitness, a four-club fitness chain in Boise, Idaho. VillaSport has initiated a major expansion effort and continues to seek new locations in the greater Boise area and in its existing markets. The Axiom acquisition with VillaSport’s current portfolio of seven locations brings the total to 11 clubs across five states. Read More...
HGGC-Backed Grand Fitness Partners Grows with Acquisition of 13 Additional Planet Fitness Locations
Posted: January 13, 2022 in Chains
TOMS RIVER, N.J. - Grand Fitness Partners, one of the largest franchisees within the Planet Fitness system, announces that it has acquired a portfolio of 13 Planet Fitness locations across Virginia from the Asbell Group. The acquisition follows an investment in Grand Fitness by HGGC, a leading middle market private equity firm, in November 2021. Financial terms of the transaction were not disclosed. Read More...
Planet Fitness, Inc. to Acquire 114 Locations From One of its Top Franchisees, Sunshine Fitness Growth Holdings, LLC.
Posted: January 11, 2022 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announced it has signed a definitive agreement to acquire Sunshine Fitness Growth Holdings, LLC ("Sunshine Fitness"), a leading owner and operator of more than 100 Planet Fitness clubs in the Southeast United States in a cash and stock transaction valued at $800 million. Read More...
Fitness Holdings Northeast Acquires Crunch Norwalk
Posted: January 10, 2022 in Chains
GREENWICH, CT - Fitness Holdings Northeast, LLC ("Fitness Holdings"), one of the leading franchise groups in the Crunch Fitness network, recently announced its acquisition of Crunch Fitness Norwalk in Connecticut. The acquisition has closed, bringing the Fitness Holdings total club count to 28 with over 110,000 members. Read More...
Genesis Health Clubs Acquires Key Downtown Clubs in St. Louis and Kansas City, Sets Stage for Future Growth
Posted: December 29, 2021 in Chains
WICHITA, KS - Genesis Health Clubs has continued its trend of growth, acquiring One Life Fitness locations in Kansas City and St Louis, as well as new club opportunities in Prairie Village and Kansas City’s Northlands. The move adds key locations, securing trendy downtown anchors in Kansas City’s Power and Light District and St. Louis’ Ballpark Village, setting the stage for future growth. Genesis Health Clubs currently operates 56 locations across six states, including more than 20 in the greater Kansas City area. Read More...
ClubCorp Partners with RXR to Operate and Manage Historic Engineers Country Club
Posted: December 29, 2021 in Chains
ROSLYN HARBOR, N.Y. - Officials with ClubCorp and RXR announced a unique partnership in which ClubCorp, a leading operator of golf and country clubs throughout North America, will handle the day-to-day operations of the historic Engineers Country Club, as RXR advances the construction of 92 residential condominiums on 18-acres, while showcasing this legendary club as the centerpiece of this planned community. This new partnership signals the beginning of RXR’s and ClubCorp’s expanded relationship that could potentially include other similar opportunities. Read More...
Level 5 Capital Partners Acquires 112 Owned or Sub-Franchised Orangetheory Fitness Studios Across Michigan, Illinois, Utah and Missouri
Posted: December 10, 2021 in Chains
ATLANTA, GA - Level 5 Capital Partners ("Level 5" or "L5"), a leading consumer private equity firm, announced that its franchisee platform, L5 Fitness, has acquired a collection of 112 owned and sub-franchised Orangetheory Fitness studios. This acquisition marks an expansion and strengthening of the L5 Fitness platform in Michigan, Illinois, Utah and Missouri. Read More...
