M&A Deal Summary

Taymax Fitness Holdings Acquires MJ Fitness

On July 10, 2019, Taymax Fitness Holdings acquired consumer services company MJ Fitness

Acquisition Highlights
  • This is Taymax Fitness Holdings’ 1st transaction in the Consumer Services sector.
  • This is Taymax Fitness Holdings’ 1st transaction in the United States.
  • This is Taymax Fitness Holdings’ 1st transaction in Alabama.

M&A Deal Summary

Date 2019-07-10
Target MJ Fitness
Sector Consumer Services
Buyer(s) Taymax Fitness Holdings
Deal Type Add-on Acquisition
Advisor(s) Fidus Partners (Financial)
Locke Lord (Legal)

Target

MJ Fitness

Alabama, United States
MJ Fitness is an owner and operator of Planet Fitness clubs with four locations in the northern Alabama market serves more than 32,000 members. MJ Fitness was founded in 2013 and is based in Alabama.

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Buyer(S) 1

Buyer

Taymax Fitness Holdings

Belmont, New Hampshire, United States

Category Company
Founded 2009
Sector Franchising
DESCRIPTION

Taymax is a Planet Fitness franchisee with more than 100 locations across Texas, Tennessee, Alabama, Georgia, Florida, Pennsylvania, California and Ontario, Canada. Planet Fitness pioneered the high-value, low-price fitness club model and is the leading player in the segment with over 2,000 locations across North America. Taymax Fitness Holdings was founded in 2009 and is based in Belmont, New Hampshire.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Alabama) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-12 Southfit Holdings

Jacksonville, Florida, United States

Southfit Holdings LLC serves close to 75,000 members and employs a staff of approximately 230 across 14 clubs in the Jacksonville, Florida and southeastern Georgia regions.

Buy -