24 Hour Fitness USA, Inc.
Classification
Private
About
About
24 Hour Fitness USA, Inc. operates as a fitness club chain that provides health and fitness services to its members. The company is known for its gyms and fitness centers that offer a wide range of facilities and services to help individuals achieve their fitness goals. Key Services and Offerings: Fitness Equipment: 24 Hour Fitness provides a variety of exercise equipment, including cardio machines, strength training machines, and free weights. Group Fitness Classes: They offer a diverse selection of group fitness classes such as yoga, Zumba, spinning, and high-intensity interval training (HIIT). Personal Training: The company employs certified personal trainers who can work with members on a one-on-one basis to create personalized workout plans and provide guidance on nutrition and exercise techniques. Amenities: Many 24 Hour Fitness locations include amenities such as swimming pools, saunas, steam rooms, basketball courts, and childcare services. Virtual Workouts: Some locations offer virtual workouts and on-demand classes for added flexibility and convenience. Membership Options: 24 Hour Fitness offers various membership options, including month-to-month plans and long-term contracts, to cater to different fitness needs and budgets.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private