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Johnson Fitness And Wellness Acquires Gym Source Retail Stores

PRIVATENov 02, 2021

Acquiring Company

Johnson Fitness and Wellness

Acquired Company

Gym Source

MobileHealth CareSportsMobileHealth CareSportsInformation Technology

Description

Johnson Fitness and Wellness, the world's largest specialty fitness retailer and the retail division of Johnson Health Tech, announced today that it is acquiring all Gym Source retail locations across the Northeast and Mid-Atlantic, including New York, New Jersey, Pennsylvania, Massachusetts, Virginia and Connecticut. The Gym Source stores will be folded under the Johnson Fitness and Wellness brand.

Quick answer

Johnson Fitness and Wellness and Johnson Fitness and Wellness are acquiring Gym Source, announced November 2, 2021.

How much did Johnson Fitness and Wellness pay for Gym Source?
The deal value was not disclosed.
What does Johnson Fitness and Wellness do?
Johnson Fitness and Wellness (JFW) is the retail division of Johnson Health Tech Retail, Inc. JFW is the world's largest specialty fitness retailer with more than 465 stores worldwide and counting.

Source: Fundz verified event record.

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Company Information

Company

Johnson Fitness and Wellness

About

Johnson Fitness and Wellness (JFW) is the retail division of Johnson Health Tech Retail, Inc. JFW is the world's largest specialty fitness retailer with more than 465 stores worldwide and counting. Each JFW retail outlet offers the strongest assortment of fitness products and brands, including Matrix, Vision and Horizon. The stores are staffed by experienced fitness consultants who help customers find the perfect product to achieve their fitness goals. Customers have access to a wide assortment of personal fitness and wellness equipment, including treadmills, ellipticals, stationary bikes, home gyms and accessories. To learn more, visit johnsonfitness.com.

Company

Johnson Fitness and Wellness

About

Johnson Fitness and Wellness (JFW) is the retail division of Johnson Health Tech Retail, Inc. JFW is the world's largest specialty fitness retailer with more than 465 stores worldwide and counting. Each JFW retail outlet offers the strongest assortment of fitness products and brands, including Matrix, Vision and Horizon. The stores are staffed by experienced fitness consultants who help customers find the perfect product to achieve their fitness goals. Customers have access to a wide assortment of personal fitness and wellness equipment, including treadmills, ellipticals, stationary bikes, home gyms and accessories. To learn more, visit johnsonfitness.com.

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Frequently asked

Who acquired Gym Source?

Gym Source was acquired by Johnson Fitness and Wellness. The deal was reported on November 2, 2021. Johnson Fitness and Wellness (JFW) is the retail division of Johnson Health Tech Retail, Inc. JFW is the world's largest specialty fitness retailer with more than 465 stores worldwide and counting. Johnson Fitness and Wellness is privately held and operates in Mobile.

When did Johnson Fitness and Wellness acquire Gym Source?

Johnson Fitness and Wellness's acquisition of Gym Source was reported on November 2, 2021. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gym Source do?

Gym Source USA LLC is a privately-owned, commercial fitness equipment sales and service provider and is headquartered in Teterboro, N.J. It is privately held, operating in Information Technology.

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