24 Hour Fitness USA, Inc.

Carlsbad, California

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

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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