Health and Fitness Club Industry News: Chains
Sunday, May 31st, 2026
Planet Fitness Plans To Go Public
Posted: May 26, 2015 in Chains
NEW YORK, N.Y. - Planet Fitness, the company known for its low-cost purple-and-yellow gyms, plans to go public. The company said Tuesday that it filed a "draft registration statement" to the Securities and Exchange Commission for an initial public offering. The filing is confidential and the paperwork is sealed from the public. Under the law, companies that have revenue under $1 billion are able to submit confidential IPO drafts to the SEC. Read More...
$1 Million Scholarship Established at Philadelphia University to Honor Planet Fitness CEO Chris Rondeau
Posted: May 13, 2015 in Chains
PHILADELPHIA, PA - Members of the Planet Fitness family joined together to donate more than $1 million to endow a new scholarship fund at Philadelphia University in honor of Planet Fitness CEO Chris Rondeau. The scholarship, announced by Philadelphia University President Stephen Spinelli Jr. at the Verizon Philadelphia University Celebration of Innovation on May 9, was a surprise to Rondeau. Read More...
Planet Fitness Opens New Location in Downtown Boston
Posted: April 16, 2015 in Chains
BOSTON, MA – Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, announced the opening of its newest club in downtown Boston. The new corporately owned location is located at 17 Winter Street near Downtown Crossing. Read More...
Planet Fitness Opens Second Canadian Location In Brampton
Posted: April 2, 2015 in Chains
TORONTO, CANADA - Planet Fitness opened its second Canadian location in Brampton at the Centennial Mall (227 Vodden Street East), providing local residents with a unique, judgement-free health club atmosphere at an unparalleled value. The new corporately-owned 20,000 sq. ft. location is complete with brand new state-of-the-art cardio and strength equipment, circuit training, fully equipped locker rooms with day lockers and showers, numerous flat screen televisions, unlimited small group fitness instruction included in every membership, and more. It is also open 24 hours a day and staffed at all times. Read More...
Planet Fitness Franchisee Secures $58.75 Million In Expansion Financing From GE Capital
Posted: March 2, 2015 in Chains
SCOTTSDALE, AZ - GE Capital's Franchise Finance business announced that it is administrative agent on a $58.75 million credit facility for PF Growth Partners, LLC (PFGP), one of the largest franchisees of Planet Fitness clubs. The funds will be used to refinance PFGP's existing debt and fund its growth plans. GE Capital Markets served as sole lead arranger and sole bookrunner on the facility. Read More...
Planet Fitness Adds To Leadership Team And Appoints Jessica Correa As Senior Vice President Of Marketing
Posted: February 4, 2015 in Chains
NEWINGTON, NH - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone® and affordable prices, today announced that Jessica Correa has joined the Planet Fitness leadership team as Senior Vice President of Marketing, reporting directly to Chief Executive Officer Chris Rondeau. Correa will oversee the company's overall marketing initiatives to support business growth, enhance brand equity, build consumer awareness and support Planet Fitness franchisees. Read More...
Planet Fitness Rings In The New Year As The Official Fitness Sponsor Of Times Square’s New Year’s Eve Celebration
Posted: December 19, 2014 in Chains
NEWINGTON, NH – Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, is joining the biggest party of the year, Times Square’s New Year’s Eve celebration. As the official fitness sponsor of the event, 25,000 spectators in Times Square will receive Planet Fitness-branded mittens to keep their hands warm during the final countdown to the New Year. The brand will also be featured on “Dick Clark's New Year's Rockin' Eve with Ryan Seacrest 2015," with show co-host Jenny McCarthy leading the crowd in a special Planet Fitness New Year’s Eve cheer to be featured on air. Read More...
Planet Fitness And Its Franchisees Donate $100,000 To Make-A-Wish This Holiday Season
Posted: December 17, 2014 in Chains
NEWINGTON, NH – Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, today announced that for the second year in a row, the company and its franchisees will give a holiday gift of $100,000 to Make-A-Wish. Make-A-Wish grants the wishes of children with life-threatening medical conditions to enrich the human experience with hope, strength and joy. Read More...
