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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Steve Schwartz announces the sale of Midtown Health Management

We are now singularly focused on developing the Midtown Athletic Clubs brand
– Steve Schwartz, CEO

Steven Schwartz, CEO of Midtown Athletic Clubs, has announced the sale of the company's Midtown Health Management division to contract management specialist, HealthFitness

Midtown Health manages 25 on-site health clubs in the US, with a client list that includes corporate gyms and health clubs, community fitness facilities and hospital wellness centres.

All Midtown Health staff, including president Debra Siena, will join HealthFitness.

Schwartz said: "HealthFitness is committed to excellence and is a great home for Midtown Health’s clients and associates."

The sale will raise cash to enable Midtown to focus on its owned-operated business: "We are now singularly focused," Schwartz told HCM "This deal allows us to direct 100 per cent of our energy towards developing our portfolio of Midtown Athletic Clubs' luxury sports resorts."

He added: “Our flagship Midtown Athletic Club in Chicago has been tremendously successful and we've decided to focus exclusively on that business model going forward. We'll be reinvesting all the proceeds of this sale into our Midtown Athletic Clubs properties that have not yet been converted to the Chicago format, look and feel.”

Read more about Midtown Athletic Clubs in the HCM interview with Steve Schwartz here.

Midtown Athletic Clubs is a division of TCA Holdings LLC and has eight clubs in the US and Canada.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
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News

Steve Schwartz announces the sale of Midtown Health Management

We are now singularly focused on developing the Midtown Athletic Clubs brand
– Steve Schwartz, CEO

Steven Schwartz, CEO of Midtown Athletic Clubs, has announced the sale of the company's Midtown Health Management division to contract management specialist, HealthFitness

Midtown Health manages 25 on-site health clubs in the US, with a client list that includes corporate gyms and health clubs, community fitness facilities and hospital wellness centres.

All Midtown Health staff, including president Debra Siena, will join HealthFitness.

Schwartz said: "HealthFitness is committed to excellence and is a great home for Midtown Health’s clients and associates."

The sale will raise cash to enable Midtown to focus on its owned-operated business: "We are now singularly focused," Schwartz told HCM "This deal allows us to direct 100 per cent of our energy towards developing our portfolio of Midtown Athletic Clubs' luxury sports resorts."

He added: “Our flagship Midtown Athletic Club in Chicago has been tremendously successful and we've decided to focus exclusively on that business model going forward. We'll be reinvesting all the proceeds of this sale into our Midtown Athletic Clubs properties that have not yet been converted to the Chicago format, look and feel.”

Read more about Midtown Athletic Clubs in the HCM interview with Steve Schwartz here.

Midtown Athletic Clubs is a division of TCA Holdings LLC and has eight clubs in the US and Canada.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Related news

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Offering red light therapy to your members can create a valuable source of secondary spend, while also supporting them with their recovery and delivering improvements to mobility, circulation and muscle soreness.
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