World Leisure Jobs - Fitness Connection acquired by private equity firm Roark Capital...
20 Apr 2019 World leisure: news, training & property
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

08 Feb 2019

Fitness Connection acquired by private equity firm Roark Capital
BY Tom Walker

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

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

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.



Connect with
World Leisure
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
£15m waterpark opens in Wales ahead of Easter weekend
£15m waterpark opens in Wales ahead of Easter weekend   18 Apr 2019

A new £15m (US$19.5m, €17.3m) waterpark has opened its doors to the public in Rhyl, Wales, with three flumes for thrillseekers to enjoy. SC2, which .... more>>
GWI’s ATM agenda to focus on medical and wellness tourism
GWI’s ATM agenda to focus on medical and wellness tourism   18 Apr 2019

The agenda for the Global Wellness Institute’s (GWI) Wellness Symposium at the 2019 Arabian Travel Market (ATM) has been set and will feature experts .... more>>
Lithuania’s Spa Hotel Esé invites millennials to tell their own story
Lithuania’s Spa Hotel Esé invites millennials to tell their own story   18 Apr 2019

International spa and wellness consultants The E77 Company are working on a spa hotel in Lithuania designed specifically for millennial customers, .... more>>
Elton John makes significant V&A donation for photography collaboration
Elton John makes significant V&A donation for photography collaboration   18 Apr 2019

London’s V&A Museum has announced a partnership with Elton John and his husband, David Furnish, that will see its Gallery 101 in the newly opened V&A .... more>>
Company profile


Pure World Energy

PWE is an engineering based company focussed on delivering integrated energy generation and demand side reduction solutions for its customers.

View full profile>>

Catalogue gallery


Featured Supplier

Elevate and Metro Blind Sport to promote inclusivity through inaugural Charity of the Year partnership

Elevate and Metro Blind Sport to promote inclusivity through inaugural Charity of the Year partnership

Organisers of Elevate, Elite Sport and COPA are delighted to announce Metro Blind Sport as its Charity of the Year partner for the 2019 trade show, held at ExCeL London on 8-9 May. More>>




in this issue

• Deloitte: European fitness growing strongly
• Number of low-cost gyms could double
• Dungeon attraction opens at Alton Towers



World Leisure jobs




Personal Trainer
Location: Greater Manchester, England
Company: The Gym Group
Personal Trainer - Self Employed
Salary: Fantastic Benefits
Location: Cumbria, England
Company: The Gym Group
Personal Trainer / Fitness Trainer
Salary: Fantastic Benefits
Location: West Sussex, England
Company: The Gym Group
Personal Trainer / Fitness Trainer
Salary: Fantastic Benefits
Location: Cumbria, England
Company: The Gym Group
Diary dates
Powered by leisurediary.com




24-25 Apr 2019

FUTR (Formerly Millennial 20/20)

Business Design Centre, London, United Kingdom


25 Apr 2019

Meet IAAPA - North America

Bob's Space Racers, Daytona Beach, United States



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Interview: Katy Bowman
In her latest book, the biomechanist and author explains why we need to widen our spectrum of movement and connect with our inner hunter-gatherer More>>
  Tourism: High flyers
How bmi and Projekt Spielberg are growing British tourism to Graz More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  New opening: Future of leisure
Selby Summit focuses on activity, not sport. Is it a new era for leisure centres? More>>
  Community: Bright Hart Lane
Grant Cornwell on the Tottenham Hotspur Foundation’s community work More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd