Delos Capital and HRS Management Take Majority Stake in US Fitness
May 29, 2018
US Fitness, a multi-brand operator of high-amenity health clubs (Onelife Fitness, Sport & Health, Crunch franchise locations), received a majority investment from Delos Capital with family office HRS Management investing alongside. New Evolution Ventures sold its interest; the Galiani brothers and CEO John Cristiano retain a significant stake as the company plans accelerated expansion, investing $50 million and opening multiple new clubs over the next five years.
- Buyers
- Delos Capital, HRS Management
- Targets
- US Fitness
- Sellers
- New Evolution Ventures
- Industry
- Healthcare Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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