…world’s largest; and Fitness Capital Partners, a fund organized by Dean Bradley Osborne and Global Leisure Partners have completed their acquisition of the Company from Forstmann Little & Co. 24 Hour Fitness also announced that Mark Smith will join as Chief Executive Officer, and Frank…
24 Hour Fitness to Acquire 32 Bally Clubs Brand Position in San Francisco Bay Area, Colorado and New York City Area Strengthened By Acquisition SAN RAMON, Calif. - December 20, 2014 24 Hour Fitness USA, Inc. announced that it has acquired 32 fitness clubs from Bally Total Fitness, including clubs…
…Executive Officer. Smith was named CEO when AEA Investors, Ontario Teachers’ Pension Plan and Fitness Capital Partners completed their acquisition of the Company from Forstmann Little & Co. “I’m delighted to be working with the Company’s incredibly talented executives…
…Total Fitness. “24 Hour Fitness maintains a similar focus. We are leaving these 32 clubs in capable hands.” This is the first acquisition for 24 Hour Fitness CEO Mark Smith and President Frank Napolitano since the iconic fitness brand was acquired earlier this year. “This is…
…facilities representative of the 24 Hour Fitness brand. The Grand Openings take place July 10-12, 2015. Just seven months after the 2014 year-end acquisition of 31 Bally clubs, the dozen locations now feature: * Functional training and group exercise areas * Cardio, strength and functional training…
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