Health and Fitness Club Industry News: Chains
Thursday, August 20th, 2026
Fitness Ventures LLC Acquires T&N Investments LLC and their Four Crunch Fitness Locations in Louisville Kentucky, Growing the Franchise to 35 Locations
Posted: October 4, 2022 in Chains
ORLANDO, FL - Fitness Ventures LLC, one of Crunch Fitness’ fastest growing franchisees, announces the acquisition of all four of the Louisville, Kentucky Crunch Fitness locations. The acquisition fast tracks Fitness Ventures already aggressive growth, with plans to open around 15 locations per year for the foreseeable future. Read More...
Planet Fitness Franchise Group, Excel Fitness, Acquires 14 Locations in Virginia and North Carolina From Local Franchisee
Posted: August 25, 2022 in Chains
VIRGINIA BEACH, VA - Excel Fitness, a franchisee of Planet Fitness, announces its acquisition of 14 Planet Fitness locations in the Hampton Roads region of Eastern Virginia from the KSMA group, owned and operated by husband-and-wife team Ken and Sharree Ryder, their son Michael Barnes and daughter Amanda Williamson. This deal brings Excel's club count to 107 and includes development rights to bring six more locations to the Virginia market over the next five years. Read More...
Sportime Clubs to Take Over Port Washington Tennis Academy
Posted: August 18, 2022 in Chains
LONG ISLAND, N.Y. - The famed Port Washington Tennis Academy (PWTA) on Long Island will soon be under new ownership and is being managed by Sportime. Hornig Capital Partners (HCP) has an agreement to purchase the iconic PWTA, with Sportime Clubs, LLC set to run the day-to-day operations of the club, as Sportime Port Washington, for a minimum of 25 years. Read More...
Sentinel Capital Partners Acquires Bandon Holdings
Posted: July 28, 2022 in Chains
NEW YORK, N.Y. - Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, announces its acquisition of Bandon Holdings, the largest franchisee in the Anytime Fitness family. Terms of the deal were not disclosed. Read More...
Altamont Capital Partners Exits Investment in Excel Fitness, a Leading Planet Fitness Franchisee
Posted: June 13, 2022 in Chains
PALO ALTO, CA - After six years of partnership with Excel Fitness, Altamont Capital Partners has exited its investment with a sale of the company to Olympus Partners. As part of that transaction, completed last month, Excel's management team and founders, along with Altamont, established a bonus pool that provided every employee at the company, more than 1,500 individuals, with a payment at closing, in recognition of their contributions. Read More...
CR Fitness Holdings Acquires Crunch Ballantyne in North Carolina and Crunch Frisco in Texas, Growing the Franchise to 40 Locations
Posted: June 1, 2022 in Chains
TAMPA, FL - CR Fitness, Crunch Fitness’ largest franchisee in the Southeast, announced the acquisition of Crunch Ballantyne in Charlotte, North Carolina and Crunch Frisco in Frisco, Texas. CR Fitness currently owns and operates 40 locations in Florida, Georgia, North Carolina and Texas. The company is owned by Vince Julien, Geoff Dyer, Tony Scrimale and Jeff Dotson, who together have more than 100 years of experience in the fitness industry. Read More...
Genesis Health Clubs Lands Exclusive Contract at the Villages, Florida and Acquires Two Clubs
Posted: May 31, 2022 in Chains
THE VILLAGES, FL - Genesis Health Clubs announce the purchase of the Spanish Springs and Brownwood locations of MVP Athletic Clubs in The Villages, Florida. Included in the deal were exclusive rights to be the sole health club provider for The Villages, paving the way for future expansion. Read More...
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...
