Health and Fitness Club Industry News: Chains
Tuesday, May 5th, 2026
HGGC Completes Majority Investment in Planet Fitness Franchise Group PF Atlantic Holdings
Posted: November 18, 2021 in Chains
PALO ALTO, CA - HGGC, a leading middle market private equity firm, announced it has completed a majority investment in PF Atlantic Holdings, a top-15 franchisee within the Planet Fitness health club system. In conjunction with the investment, PF Atlantic Holdings is rebranding as Grand Fitness Partners. Co-founders CEO, David Bidwell, and COO, Scott Linsky, will continue to lead the business and retain a significant minority stake in the business alongside current investor Monogram Capital. Details of the private transaction were not disclosed. Read More...
Brightwood Capital Advisors Anchors Senior Secured Term Loan to Finance Acquisition of Longtime Portfolio Company ECP-PF Holdings Group
Posted: November 1, 2021 in Chains
NEW YORK, N.Y. - Brightwood Capital Advisors, a leading private credit firm focused on providing capital to growing North American middle-market businesses, announced that it supported the sale of portfolio company ECP-PF Holdings Group, one of the nation's largest Planet Fitness franchisees, to TowerBrook Capital Partners, an international investment management firm. ECP-PF has been a portfolio company of Brightwood since 2012 and has executed several transactions to support the company's growth from a founder-owned, 15-location startup to a 108-location leader in the fitness franchisee sector serving approximately 600,000 members in the United States and Canada. Read More...
ClubCorp Acquires National Golf Club of Kansas City and “the Deuce”
Posted: October 21, 2021 in Chains
KANSAS CITY, MO - ClubCorp officials announced it has acquired and will now own and operate the National Golf Club of Kansas City and the adjacent club, "the Deuce," building on the traditions established by the Illig and Patterson families while bringing ClubCorp’s unique ClubLife lifestyle experiences to the members both on and off the National Club’s legendary fairways. Read More...
Empire Portfolio Group Acquires 11 Orangetheory Fitness Studios Plus Area Development Rights in Northern Virginia and Washington, D.C.
Posted: September 21, 2021 in Chains
NEW YORK, N.Y. - Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory Fitness, the heart rate-based interval training fitness franchise, announced it has acquired eleven studios and the area development rights in Northern Virginia and Washington, D.C. The sellers include Alan Luchnick and Steve Kolakowski. This transaction marks Empire's fourth acquisition since partnering with Revelstoke Capital Partners ("Revelstoke") in December 2020 and strengthens Empire's position on the East Coast, which now includes a total of over 120 studios across nine states and Washington, D.C. Read More...
Empire Portfolio Group Acquires 10 Orangetheory Fitness Studios Plus Area Development Rights in Charlotte, North Carolina and Regions of South Carolina
Posted: September 1, 2021 in Chains
NEW YORK, N.Y. - Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory Fitness, the heart-rate based interval training fitness franchise, announced it has acquired ten studios and the area development rights in Charlotte, including parts of North Carolina and South Carolina. The sellers include Jay Thomas and Doug Birer. Read More...
Empire Portfolio Group, an Orangetheory Fitness Area Developer and Franchisee, Acquires Eight Studios in and the Area Development Rights to Maine, Vermont and New Hampshire
Posted: July 21, 2021 in Chains
NEW YORK, N.Y. - Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory Fitness, the heart-rate based interval training fitness franchise, announced it has acquired eight studios in Maine, Vermont and New Hampshire, along with the area development rights for those regions. This is Empire's second major acquisition this month, following its investment in four Connecticut studios earlier in July. With these acquisitions, Empire strengthens its ties to the New England and Mid-Atlantic regions with a total of more than 60 studios in Connecticut, New Jersey, New York, Maine, Vermont and New Hampshire. Read More...
Orangetheory Fitness Franchisee and Developer, Empire Portfolio Group, Acquires Four Studios in Connecticut
Posted: July 13, 2021 in Chains
NEW YORK, N.Y. - Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory Fitness, the heart-rate based interval training fitness franchise, announced it has acquired four studios in Fairfield, Norwalk, Westport and Shelton, CT. With these Connecticut acquisitions, Empire strengthens its ties in the tri-state region with a total of more than 40 studios in Connecticut, New Jersey and New York. Read More...
Honors Holdings Bolsters Portfolio with Acquisition of 24 Orangetheory Fitness Studios
Posted: May 12, 2021 in Chains
ATLANTA, GA - Atlanta-based Honors Holdings, LLC (Honors), the world's largest franchisee of Orangetheory Fitness studios has acquired 24 studios across six states, including operations in Las Vegas, New York City and the Washington, D.C. metro area. With these acquisitions, Honors now owns and operates 102 studios in Georgia, Kansas, Massachusetts, Nevada, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia and Washington state. Read More...
Planet Fitness Franchisee National Fitness Partners Grows Footprint, Acquires 16 Clubs in Ohio and Pennsylvania
Posted: January 27, 2021 in Chains
CAMP HILL, PA, CHARLOTTE, N.C. and ATLANTA, GA - Planet Fitness franchisee National Fitness Partners (“NFP” or the “company”) has announced the acquisition of 16 Planet Fitness clubs, including 15 locations in the greater Cleveland and Akron-Canton, Ohio markets and one location in central Pennsylvania from two different sellers (the “transaction”). The transaction, which was financed with junior capital from funds managed by the Credit Group of Ares Management Corporation (“Ares”), strategically expands NFP’s growing footprint, which now includes 94 Planet Fitness clubs with exclusive rights to develop 40 plus additional clubs in Pennsylvania, Ohio, Delaware, North Carolina and South Carolina. Read More...
Genesis Health Clubs Acquires all Seven Locations of The Athletic Clubs
Posted: July 17, 2020 in Chains
WICHITA, KS - Fresh off its recent expansion in Des Moines, Iowa, Genesis Health Clubs announced the acquisition of all seven locations of The Athletic Clubs, formerly known as Prairie Life Fitness, across three states. Members of the former Athletic Club locations will gain immediate access to over 50 locations across six states, and Genesis members will gain access to the new clubs immediately. Read More...
