Core Health & Fitness
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Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Fitness Connection acquired by private equity firm Roark Capital

US operator Fitness Connection, which has 41 health clubs across three states, has been acquired by private equity firm Roark Capital.

The financial details of the deal – which sees Roark Capital take over a majority stake in the company from LNK Partners – were undisclosed.

Founded in 1999, Fitness Connection was one of the first low-cost operators in the US.

Offering full-service memberships for as low as US$10 per month, the company has gradually grown its club estate which now serves around 500,000 members.

“As we embark on the next phase of growth, we could not be more excited about having Roark as our partner to lend their guidance and expertise in multi-unit, consumer-facing investments," said Phil Howard, CEO of Fitness Connection.

"We look forward to working closely with the Roark team as we continue to execute our national growth strategy of making high value, affordable fitness accessible to all.”

Roark Capital focuses on investing in franchised and multi-unit businesses in the consumer and business services sectors.

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US operator Fitness Connection, which has 41 health clubs across three states, has been acquired by private equity firm Roark Capital.
HAF,FIT,IND,PTS
imagesX/THUMB340723_611116_204505.jpg
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The UK fitness industry should make a concerted effort to highlight the importance of strength ...
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Disability organisation Purple has claimed that health club operators and gyms are losing "millions of ...
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New Barnet Leisure Centre in North London has become the second new facility to open ...
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A radical ring-shaped aquatic centre with wellness facilities and outdoor green space – designed by ...
Features
fitness-kit.net
Lauren Heath-Jones rounds up the latest product launches in health and fitness
Features
Cycling
Why does indoor cycling attract so many loyal followers? Abi Harris ask industry innovators how much is down to the instructor and what part the kit has to play
Features
Promotional feature
Matrix Fitness is launching MX4 Active to engage the ageing and deconditioned populations. We talk to Steve Barrett, director of global group education and training, to find out more
Features
FIBO China
Jak Phillips went to FIBO China and filed this report
Features
Research
New research from Colliers has highlighted the opportunity for real estate developments in the health and fitness industry, as Ross Kirton explains
Features
Promotional feature
Now in its eighth year, Myzone has established itself as a key player in the fitness industry. We chat to Myzone's global marketing director, Gemma Bonnett-Kolakowska, about how the brand continues to develop and evolve
Features
feature
Technogym’s SKILLRUN now comes in different versions to suit different users’ workout needs
Features
People
WE11 is a disruptive model and is going to cause mayhem in the industry: we’ve flipped the script and given the PTs a fair deal, instead of rinsing them
People
Jimmy had the brilliant idea to put the logos of all of the current cycling brands in and around NYC onto a piece of paper and we handed it to the investor at the end of our presentation. Then we handed a blank piece of paper and referenced that this was the current number of cool fitness concepts in the world and how we would like the investor to help us fill that page. A day later he wrote us a cheque
People
Rather than just being an outdoor fitness company, we felt we could evolve and adapt the business to become a dominating force in fitness generally
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Join FitNation - the new fitness congress about innovation
FitNation, the new premier event about innovation in the fitness industry, will kick-off in Amsterdam on 4 October.
Featured supplier news
Featured supplier: FunXtion launch Online Coaching; helping PT’s work effectively, efficiently and increase client contact time
FunXtion has introduced its new Online Coaching Tool, an advanced platform with quality content to help personal trainers work more efficiently.
Company profiles
Company profile: MiE FitQuest
FitQuest (MiE Medical Research) are specialists in the field of human performance measurement. We have ...
Company profiles
Company profile: Jordan Fitness
Jordan Fitness have been at the forefront of premium gym design, with a strong reputation ...
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Click on a catalogue to view it online
Directory
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GymSales: Management software
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Deloitte UK: Professional services
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Matrix Fitness: Exercise equipment
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Move GB: Member access schemes
Property & Tenders
Diary dates
21-22 Sep 2019
Locations worldwide,
Diary dates
23-26 Sep 2019
JW Marriott Turnberry Resort & Spa, Miami, United States
Diary dates

News

Fitness Connection acquired by private equity firm Roark Capital

US operator Fitness Connection, which has 41 health clubs across three states, has been acquired by private equity firm Roark Capital.

The financial details of the deal – which sees Roark Capital take over a majority stake in the company from LNK Partners – were undisclosed.

Founded in 1999, Fitness Connection was one of the first low-cost operators in the US.

Offering full-service memberships for as low as US$10 per month, the company has gradually grown its club estate which now serves around 500,000 members.

“As we embark on the next phase of growth, we could not be more excited about having Roark as our partner to lend their guidance and expertise in multi-unit, consumer-facing investments," said Phil Howard, CEO of Fitness Connection.

"We look forward to working closely with the Roark team as we continue to execute our national growth strategy of making high value, affordable fitness accessible to all.”

Roark Capital focuses on investing in franchised and multi-unit businesses in the consumer and business services sectors.

Sign up for FREE ezines & magazines
US operator Fitness Connection, which has 41 health clubs across three states, has been acquired by private equity firm Roark Capital.
HAF,FIT,IND,PTS
imagesX/THUMB340723_611116_204505.jpg

News

Physical fitness has been associated with better brain structure and brain functioning in adults. The
The UK fitness industry should make a concerted effort to highlight the importance of strength
Saudi Arabia-based Leejam Sports Company has appointed former Bannatyne Group chief executive Justin Musgrove as
Disability organisation Purple has claimed that health club operators and gyms are losing "millions of
New Barnet Leisure Centre in North London has become the second new facility to open
Four Seasons has teamed up with fitness expert and Four Seasons Global Fitness Advisor Harley
Alliance Leisure
Alliance Leisure
FitNation, the new premier event about innovation in the fitness industry, will kick-off in Amsterdam
Self Esteem Brands, the parent company of Anytime Fitness, has purchased The Bar Method –
A radical ring-shaped aquatic centre with wellness facilities and outdoor green space – designed by
Female-only fitness franchise Vivafit has opened its fifth studio in India – a 110sq m
A study has claimed that "millions of disabled people" are not being catered for at
Fitness Franchise F45 has signed a partnership deal with Everyone Active, which will see F45-branded
On the heels of wellness evidence spotlighting research showing that yoga breathing and relaxation lower
EMD UK
EMD UK
Following a year of strong growth, leading fitness equipment provider Dyaco has moved to a
Older people who have never taken part in sustained exercise programmes have the same ability
A new directory of group fitness classes – claimed to be the largest of its
Wearable tech giant FitBit has launched a premium service which will utilise users' own data
Dyaco International
Dyaco International
1 - 15 of 11,070
Features
fitness-kit.net
Lauren Heath-Jones rounds up the latest product launches in health and fitness
Features
Cycling
Why does indoor cycling attract so many loyal followers? Abi Harris ask industry innovators how much is down to the instructor and what part the kit has to play
Features
Promotional feature
Matrix Fitness is launching MX4 Active to engage the ageing and deconditioned populations. We talk to Steve Barrett, director of global group education and training, to find out more
Features
FIBO China
Jak Phillips went to FIBO China and filed this report
Features
Research
New research from Colliers has highlighted the opportunity for real estate developments in the health and fitness industry, as Ross Kirton explains
Features
Promotional feature
Now in its eighth year, Myzone has established itself as a key player in the fitness industry. We chat to Myzone's global marketing director, Gemma Bonnett-Kolakowska, about how the brand continues to develop and evolve
Features
feature
Technogym’s SKILLRUN now comes in different versions to suit different users’ workout needs
Features
People
WE11 is a disruptive model and is going to cause mayhem in the industry: we’ve flipped the script and given the PTs a fair deal, instead of rinsing them
People
Jimmy had the brilliant idea to put the logos of all of the current cycling brands in and around NYC onto a piece of paper and we handed it to the investor at the end of our presentation. Then we handed a blank piece of paper and referenced that this was the current number of cool fitness concepts in the world and how we would like the investor to help us fill that page. A day later he wrote us a cheque
People
Rather than just being an outdoor fitness company, we felt we could evolve and adapt the business to become a dominating force in fitness generally
People
HCM people

Elodie Garamond

Le Tigre: founder
We now have eight sites and offer retreats, such as a retreat in a Moroccan palace and a French chateaux-based yin yoga and writing retreat
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Ben Gotting & Dave Thomas

The Foundry: co-founders
Because of our strong focus on community and inclusivity our members really do range from unemployed, and even homeless, to CEOs and board members of major institutions and celebrities
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Rich Hutson

CEO of CHi Fitness and Co-founder of Fire Fitness
The business wasn’t getting the numbers needed, so I raised the prices by 25 per cent. It worked and we didn’t skip a beat
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A lot of developers were coming to see 15 Central Park West, to understand what made it so successful, and we started to get a lot of interesting design projects off the back of that. Since 2008, we’ve been involved in well over 140 projects globally
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The Life Fitness entrepreneur and ALS charity fundraiser is returning to the business that made his name
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HCM people

Andrew Grill

Practical Futurist
Your marketing department will have to start writing ad copy for robots, not for humans. These digital agents will be gatekeepers, a bit like a PA. It’s already happening, so get ahead and start using it
People
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Join FitNation - the new fitness congress about innovation
FitNation, the new premier event about innovation in the fitness industry, will kick-off in Amsterdam on 4 October.
Featured supplier news
Featured supplier: FunXtion launch Online Coaching; helping PT’s work effectively, efficiently and increase client contact time
FunXtion has introduced its new Online Coaching Tool, an advanced platform with quality content to help personal trainers work more efficiently.
Company profiles
Company profile: MiE FitQuest
FitQuest (MiE Medical Research) are specialists in the field of human performance measurement. We have ...
Company profiles
Company profile: Jordan Fitness
Jordan Fitness have been at the forefront of premium gym design, with a strong reputation ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Governing body
EMD UK: Governing body
Locking solutions
Ojmar: Locking solutions
Management software
GymSales: Management software
Professional services
Deloitte UK: Professional services
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Lockers/interior design
Craftsman Quality Lockers Ltd: Lockers/interior design
Exercise equipment
Matrix Fitness: Exercise equipment
Skincare
Sothys: Skincare
Member access schemes
Move GB: Member access schemes
Property & Tenders
Diary dates
21-22 Sep 2019
Locations worldwide,
Diary dates
23-26 Sep 2019
JW Marriott Turnberry Resort & Spa, Miami, United States
Diary dates
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