Planet Fitness makes 11th-hour bid to acquire Blink, challenging UK-based Pure Gym's offer
Acquiring Company
Planet Fitness
Acquired Company
Blink AB
Hampton
LondonHealth CareSportsHospitalityFitnessWellnessOtherSoftwareInternet ServicesDescription
Planet Fitness, the largest gym chain in the US, submitted last-minute bids to acquire the affordable gym chain Blink, which was in the process of being acquired by UK-based Pure Gym. Blink, with approximately 60 locations, faced bankruptcy challenges and attracted competing bids from both Planet Fitness and Pure Gym.
Quick answer
Planet Fitness is acquiring Blink AB, announced November 6, 2024. Planet Fitness is based in Hampton, New Hampshire, United States.
- How much did Planet Fitness pay for Blink AB?
- The deal value was not disclosed.
- What does Planet Fitness do?
- Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations.
- Where are Planet Fitness and Blink AB based?
- Planet Fitness is based in Hampton, New Hampshire, United States. Blink AB is based in London, England, United Kingdom.
- Who are the decision-makers at Planet Fitness?
- Fundz holds 1 contact at Planet Fitness. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Planet Fitness, and when
When Planet Fitness changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Planet Fitness raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Planet Fitness, from your own LinkedIn network
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Frequently asked
Who acquired Blink AB?
Blink AB was acquired by Planet Fitness, based in Hampton. The deal was reported on November 6, 2024. Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. Planet Fitness is publicly traded (PLNT) and operates in Health Care.
When did Planet Fitness acquire Blink AB?
Planet Fitness's acquisition of Blink AB was reported on November 6, 2024. Planet Fitness, the largest gym chain in the US, submitted last-minute bids to acquire the affordable gym chain Blink, which was in the process of being acquired by UK-based Pure Gym. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Blink AB do?
Blink AB is a solution-focused design agency specializing in Brand & Retail Design. They aim to enhance the consumer shopping experience through innovative design solutions. Blink has approximately MSEK 13 in turnover and operates across Europe and globally. It is privately held, operating in Other, and is based in London.
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