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Fitness Ventures Announces Strategic Acquisition Of Crunch Toledo And Unveils Multi-Million Dollar Renovation Plan

PRIVATEJan 09, 2024

Acquiring Company

Fitness Ventures

Acquired Company

Crunch Toledo

Altamonte SpringsNew YorkWellness and Fitness ServicesWellness and Fitness Services

Description

Fitness Ventures, a leading name in the fitness industry and one of the fastest growing Crunch franchisees, proudly announces the recent acquisition of Crunch Toledo, marking a significant milestone in the company's expansion strategy. This strategic move underscores Fitness Ventures' commitment to providing top-notch fitness experiences and further solidifies its position as a key player in the industry.

Quick answer

Fitness Ventures is acquiring Crunch Toledo, announced January 9, 2024. Fitness Ventures is based in Altamonte Springs, Florida, United States.

How much did Fitness Ventures pay for Crunch Toledo?
The deal value was not disclosed.
What does Fitness Ventures do?
Founded in 2016, Fitness Ventures is now one of the fastest growing and top performing franchisees in the Crunch Fitness system.
Where are Fitness Ventures and Crunch Toledo based?
Fitness Ventures is based in Altamonte Springs, Florida, United States. Crunch Toledo is based in New York, New York, United States.

Source: Fundz verified event record.

Other recent acquisitions in Wellness and Fitness Services and Wellness and Fitness Services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Fitness Ventures

Location

Altamonte Springs, Florida, United States

About

Founded in 2016, Fitness Ventures is now one of the fastest growing and top performing franchisees in the Crunch Fitness system. Fitness Ventures currently owns and operates over 40 locations in over 20 states with several more in development, and is one of the largest holders of territory rights in the Crunch system, with nearly 100 territory development rights throughout the United States. In March of 2020, Prospect Hill Growth Partners took a majority ownership stake in the company. Prospect Hill is an established, Boston area private equity firm focused on operational value creation in middle-market growth companies. Founded in 1995 as J.W. Childs Associates and rebranded to Prospect Hill Growth Partners in 2019, we continue to focus on consumer and healthcare services. https://prospecthillgrowth.com Crunch Fitness is one of the leading fitness brands in the High Volume, Low Price, big box, fitness space. Originally founded in 1989 in New York City, Crunch is best known for infusing fitness and fun with its proprietary group fitness classes. Crunch Fitness locations offer one of the largest strength training areas in the industry and also provides such amenities as group fitness, ride studio, HIIT classes, personal training, hydromassage and tanning, all under one roof.

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Frequently asked

Who acquired Crunch Toledo?

Crunch Toledo was acquired by Fitness Ventures, based in Altamonte Springs. The deal was reported on January 9, 2024. Founded in 2016, Fitness Ventures is now one of the fastest growing and top performing franchisees in the Crunch Fitness system. Fitness Ventures is privately held and operates in Wellness and Fitness Services.

When did Fitness Ventures acquire Crunch Toledo?

Fitness Ventures's acquisition of Crunch Toledo was reported on January 9, 2024. Fitness Ventures, a leading name in the fitness industry and one of the fastest growing Crunch franchisees, proudly announces the recent acquisition of Crunch Toledo, marking a significant milestone in the company's expansion strategy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Crunch Toledo do?

Crunch is a health club chain that leads the industry in fusing fitness and entertainment. Since opening our doors in 1989, our mission has been to make working out a good time. It is privately held, operating in Wellness and Fitness Services, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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