Exercise Professionals - Fitness Connection acquired by private equity firm Roark Capital...
21 Aug 2019 Exercise professionals: News, jobs and training
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

08 Feb 2019

Fitness Connection acquired by private equity firm Roark Capital
BY Tom Walker

Founded in 1999, Fitness Connection was one of the first low-cost operators in the US

Founded in 1999, Fitness Connection was one of the first low-cost operators in the US

US operator Fitness Connection, which has 41 health clubs across three states, has been acquired by private equity firm Roark Capital.

The financial details of the deal – which sees Roark Capital take over a majority stake in the company from LNK Partners – were undisclosed.

Founded in 1999, Fitness Connection was one of the first low-cost operators in the US.

Offering full-service memberships for as low as US$10 per month, the company has gradually grown its club estate which now serves around 500,000 members.

“As we embark on the next phase of growth, we could not be more excited about having Roark as our partner to lend their guidance and expertise in multi-unit, consumer-facing investments," said Phil Howard, CEO of Fitness Connection.

"We look forward to working closely with the Roark team as we continue to execute our national growth strategy of making high value, affordable fitness accessible to all.”

Roark Capital focuses on investing in franchised and multi-unit businesses in the consumer and business services sectors.



Connect with
Exercise Professionals
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Ukactive begins search for two new board directors as it looks to broaden its membership
Ukactive begins search for two new board directors as it looks to broaden its membership   21 Aug 2019

ukactive has begun a search for two additional members to join its board of directors. It is looking to add two new faces to represent either leisure .... more>>
Spenga ramps up expansion with two new locations – plans 300 sites by 2023
Spenga ramps up expansion with two new locations – plans 300 sites by 2023   20 Aug 2019

Boutique fitness franchise Spenga has opened two new locations as it looks to ramp up its US expansion plans. The two new studios – in Marietta, .... more>>
'Anti-franchise franchise' Fit Body Boot Camp plans 200 new locations
'Anti-franchise franchise' Fit Body Boot Camp plans 200 new locations   19 Aug 2019

Fitness franchise Fit Body Boot Camp has revealed that it has more than 200 new locations under development. Founded in 2009 by entrepreneur Bedros .... more>>
Blurring the boundaries of retail and fitness: DW Fitness First launches kit and collect service
Blurring the boundaries of retail and fitness: DW Fitness First launches kit and collect service   16 Aug 2019

DW Fitness First has launched its new Kit & Collect service, aimed at increasing secondary revenue at its clubs by "turning its changing rooms into .... more>>
The Lancet: social media preventing teenagers being physically active – and affecting their mental health
The Lancet: social media preventing teenagers being physically active – and affecting their mental health   16 Aug 2019

Teenagers' 'incessant' use of social media is radically reducing the time they spend sleeping and exercising – and could have a detrimental effect on .... more>>
Wattbike secures BUPA deal – will provide 30+ clinics with indoor cycles
Wattbike secures BUPA deal – will provide 30+ clinics with indoor cycles   15 Aug 2019

Wattbike has secured a deal to supply more than 30 Bupa Health Clinic sites across the UK with its indoor bikes. The partnership deal will see .... more>>
Company profile


Pavigym

Known as the number one go-to for flooring and for their unique PRAMA interactive range, PAVIGYM prides itself on engineering gold-standard workout experiences, for every type of audience.

View full profile>>

Catalogue gallery


Featured Supplier

Dyaco grows UK business with new headquarters and key appointment

Dyaco grows UK business with new headquarters and key appointment

Following a year of strong growth, leading fitness equipment provider Dyaco has moved to a new UK headquarters in Milton Keynes, marking a significant milestone for the company. More>>




in this issue

• Equinox's home fitness launch overshadowed by Trump furore
• Holmes Place founder takes over TRIB3
• Merlin Entertainments returns to growth



Latest jobs

Jobs Search



General Assistant
Salary: £5.60 - £8.21 per hour
Location: Nailsea, UK
Company: Legacy Leisure
Sales and Fitness Manager
Salary: Competitive
Location: Erith, UK
Company: Lex Leisure
Personal Trainer / Fitness Trainer
Salary: 100% of your PT earnings
Location: Birmingham, UK
Company: The Gym Group
Personal Trainer / Fitness Trainer
Salary: 100% of your PT earnings
Location: Birmingham, UK
Company: The Gym Group
Diary dates
Powered by leisurediary.com




03 Sep 2019

Spa Business Bootcamp Course

Laico Hotels & Resorts Regency, Nairobi, Kenya


05 Sep 2019

Spa Business Bootcamp Course

Sarova Whitesands Beach Resort & Spa, Mombasa, Kenya



Health Club Management magazine 2019 issue 8
Health Club Management
2019 issue 8

View issue contents
View on turning pages
Download PDF
  IHRSA Update: Planet fitness
The global health and fitness markets reached an all-time high of 183 million members across 65 markets in 2018. We look at the key numbers for each region More>>
  Events calendar:
Don’t miss these important industry events, taking place in August and September, including FIBO China, IHRSA Fitness Brasil and National Fitness Day More>>


Health Club Management magazine 2019 issue 7

Health Club Management
2019 issue 7

View issue contents
View turning pages
Download PDF
  Promotional feature: Legend Club Management Systems
Lincs Inspire has worked with Legend Club Management Systems to deliver its Active Forever wellbeing programme to drive targeted health improvements for members More>>
  Asia: Crazy fit Asia
Over 300 delegates recently gathered in Singapore for the inaugural World Fit Summit conference. Steph Eaves attended to talk to founder Ross Campbell about what’s happening in Asian fitness More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd