The Athletic Club (partnered with TruFit) Acquires Prairie Life Fitness
June 30, 2019
The Athletic Club, in partnership with TruFit Athletic Clubs, has acquired Prairie Life Fitness, a nine-club operator founded in 1985 with locations across Nebraska, Iowa, Kansas and Tennessee. Bridgepoint Investment Banking served as sell-side advisor; a publicly traded REIT separately purchased the real estate of six clubs in a sale-leaseback financing.
- Buyers
- The Athletic Club, TruFit Athletic Clubs
- Targets
- Prairie Life Fitness, LLC
- Sellers
- Prairie Life Fitness principals/shareholders
- Industry
- Healthcare Services
- Location
- Nebraska, United States
- Transaction Type
- Buyout
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