M&A Deal Summary

Health Fitness Acquires Midtown Health

On April 27, 2021, Health Fitness acquired consumer services company Midtown Health from Tennis of America

Acquisition Highlights
  • This is Health Fitness’ 1st transaction in the Consumer Services sector.
  • This is Health Fitness’ 2nd transaction in the United States.
  • This is Health Fitness’ 2nd transaction in Illinois.

M&A Deal Summary
Date 2021-04-27
Target Midtown Health
Sector Consumer Services
Buyer(s) Health Fitness
Sellers(s) Tennis of America
Deal Type Divestiture

Target

Midtown Health

Chicago, Illinois, United States
Midtown Health manages 25 onsite fitness centers nationwide; its client list includes hospital wellness centers, community fitness centers and corporate fitness clubs. Midtown Health is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Health Fitness

Minneapolis, Minnesota, United States
Category Company
Founded 1975
Sector Healthcare Services
DESCRIPTION

Health Fitness Corp. is a provider of an integrated health and fitness management services for employees and individuals. Health Fitness works in partnership with employers to manage their health care costs and to create a culture of health to support employees personal health goals. Health Fitness Corp. was formed in 1975 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 2 of 3
Sector (Consumer Services) 1 of 2
Type (Divestiture) 1 of 1
State (Illinois) 2 of 2
Country (United States) 2 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-28 Focused Health Solutions

Deerfield, Illinois, United States

Focused Health Solutions, Inc. provides health management services in the United States. The company provides data analysis, condition specific clinical pathways, telehealth technology, health risk assessments, and clinical services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-14 ProFit

Arlington, Virginia, United States

ProFit manages fitness centers for corporate, government, and residential clients in Washington, D.C., Northern Virginia, and New York City. ProFit is based in Arlington, Virginia.

Buy -

Seller(S) 1

SELLER

Tennis of America

Chicago, Illinois, United States
Category Company
Sector Consumer Services
DESCRIPTION

Tennis Corporation of America manages the corporate centers and wellness programs; Tennis Corporation of America, which develops and licenses tennis products and programs; and Midtown Athletic Clubs, which manages the company’s sports and fitness clubs.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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