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24 Hour Fitness secures a $305 million senior secured facility to enhance liquidity and support strategic objectives, backed by The TCW Group.

RECENTLY ACQUIREDMay 13, 2025

Amount Raised

$305 Million

Round Type

Funding Round

CarlsbadHealth CareFitnessWellness

Investors

Sculptor Capital ManagementCyrus Capital PartnersMonarch Alternative CapitalThe TCW Group

Description

24 Hour Fitness has successfully closed a $305 million senior secured facility to strengthen its financial position and support long-term goals. This refinancing addresses upcoming debt maturities and provides a substantial runway for strategic initiatives. The transaction highlights investor confidence in the company’s transformation. The new financing allows 24 Hour Fitness to optimize its club base while prioritizing member needs.

Quick answer

24 Hour Fitness raised $305 Million in a Funding Round round, dated May 13, 2025. Investors: Sculptor Capital Management, Cyrus Capital Partners, Monarch Alternative Capital and The TCW Group. 24 Hour Fitness is based in Carlsbad, California, United States.

How much did 24 Hour Fitness raise?
24 Hour Fitness raised $305 Million in a Funding Round round on May 13, 2025.
Who invested in 24 Hour Fitness?
Sculptor Capital Management, Cyrus Capital Partners, Monarch Alternative Capital and The TCW Group are named as investors in this round.
What does 24 Hour Fitness do?
24 Hour Fitness has been a leader in health and fitness for over 40 years, dedicated to creating a healthier, happier world through fitness.
Where is 24 Hour Fitness based and how big is it?
24 Hour Fitness is based in Carlsbad, California, United States. Fundz records about 8,801 employees.
Who are the decision-makers at 24 Hour Fitness?
Fundz holds 2 contacts at 24 Hour Fitness. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fitness and Wellness around the same time

Companies in the same sectors as 24 Hour Fitness that raised within 45 days of this round, from Fundz verified event records.

  • Othership raised $11M (Funding Round) on June 26, 2025.
  • KinoTek raised $1.6M (Seed) on June 20, 2025.
  • Voda raised $875K (Seed) on June 20, 2025.
  • Growve raised an undisclosed amount on June 4, 2025.
  • Othership raised $3.7M (Seed) on May 31, 2025.
  • Vively raised $1.6M (Seed) on May 26, 2025.

Who to call at 24 Hour Fitness, and when

A new round usually means 24 Hour Fitness is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day 24 Hour Fitness raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at 24 Hour Fitness, from your own LinkedIn network

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Company Information

Company

24 Hour Fitness

Location

Carlsbad, California, United States

About

24 Hour Fitness has been a leader in health and fitness for over 40 years, dedicated to creating a healthier, happier world through fitness. With over 265 clubs in 11 states, they offer a variety of fitness options including studio classes, personal training, and innovative digital offerings. Their facilities are designed to be welcoming and inclusive, providing premium equipment and supportive environments. The company emphasizes the importance of movement and aims to empower its members to achieve their health and fitness goals.

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Fundz sees it the moment 24 Hour Fitness raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Predictive Intelligence
Strategic

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24 Hour Fitness raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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