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CR Fitness acquires nine 24 Hour Fitness gyms

Apr 15, 2025•8 months ago

Acquiring Company

Crunch Fitness

Acquired Company

24 Hour Fitness

TampaCarlsbadFitnessWellnessHealth Care

Description

CR Fitness Holdings has announced the acquisition of nine 24 Hour Fitness gyms in the Miami and Orlando regions. This acquisition marks a significant milestone for CR Fitness, as it enhances their presence in Florida. The new locations will be transformed into Crunch Fitness gyms featuring modern design and a wide range of fitness amenities. This expansion reflects CR Fitness's commitment to providing accessible fitness experiences to local communities.

Company Information

Company

Crunch Fitness

Location

Tampa, Florida, United States

About

Crunch Fitness is a leading high-value, low-price gym with over 450 gyms worldwide in 41 states and seven countries, serving 2.5 million members. The company is known for pioneering a philosophy of 'No Judgments' and creating one-of-a-kind group fitness classes and unique programming for a diverse membership.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed