M&A Deal Summary

National Fitness Partners Acquires Planet Fitness - 12 Planet Fitness Clubs

On May 17, 2017, National Fitness Partners acquired consumer services company Planet Fitness - 12 Planet Fitness Clubs from Planet Fitness

Acquisition Highlights
  • This is National Fitness Partners’ 1st transaction in the Consumer Services sector.
  • This is National Fitness Partners’ 1st transaction in the United States.
  • This is National Fitness Partners’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2017-05-17
Target Planet Fitness - 12 Planet Fitness Clubs
Sector Consumer Services
Buyer(s) National Fitness Partners
Sellers(s) Planet Fitness
Deal Type Divestiture

Target

Planet Fitness - 12 Planet Fitness Clubs

Charlotte, North Carolina, United States
Planet Fitness, Inc. - 12 Planet Fitness Clubs provides a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®.

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Buyer(S) 1

Buyer

National Fitness Partners

Harrisburg, Pennsylvania, United States
Category Company
Sector Consumer Services
DESCRIPTION

National Fitness Partners operates a fitness center franchisee. National Fitness Partners is based in Harrisburg, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Planet Fitness

Hampton, New Hampshire, United States

website

Category Company
Founded 1992
Sector Consumer Services
Employees1,616
Revenue 937M USD (2022)
DESCRIPTION

Planet Fitness is a franchisor and operator of fitness centers in the United States, with more than 12.5 million members and 1,700+ stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, and Mexico. Planet Fitness was formed in 1992 and is based in Hampton, New Hampshire.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 2 of 2
Type (Divestiture) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-07 National Fitness Partners

Harrisburg, Pennsylvania, United States

National Fitness Partners operates a fitness center franchisee. National Fitness Partners is based in Harrisburg, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 Sunshine Fitness

Altamonte Springs, Florida, United States

Sunshine Fitness is a franchisee of Planet Fitness clubs that currently operates 31 locations across Florida, Georgia, and Alabama. Planet Fitness, one of the fastest-growing health club franchises in the United States, provides a high-quality fitness experience in a welcoming, non-intimidating environment. Sunshine Fitness was formed in 2003 and is based in Altamonte Springs, Florida.

Buy $800M
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