Rainier-Backed Omega Fitness Acquires 21 MDS Fitness Anytime Fitness Gyms in Wisconsin

Rainier Partners Acquires Omega Fitness (Anytime Fitness Franchisee)

November 16, 2023

Healthcare Services

Rainier Partners has acquired Omega Fitness, a leading multi-unit Anytime Fitness franchisee formed by operators Andy Gundlach and Russ Allen. Omega Fitness operates nearly 70 gyms across Wisconsin, California, and Florida; Rainier will partner with the founders to scale the platform through add-on acquisitions and new club openings while optimizing operations.

Centre Partners‑Backed One World Fitness Acquires San Diego Fitness

December 5, 2019

Consumer Products

One World Fitness PFF, LLC, a Centre Partners‑backed Planet Fitness franchisee, has acquired BMC Mgmt Inc. and affiliates (collectively, San Diego Fitness), adding seven clubs and more than 60,000 members in San Diego County. The add‑on expands the One World Fitness platform to 25 clubs across three states and supports the company's strategy to build a national Planet Fitness franchisee; financial terms were not disclosed.

Sentinel Capital Partners Acquires Bandon Holdings

July 28, 2022

Consumer Products

Sentinel Capital Partners, a New York-based private equity firm, has acquired Bandon Holdings, the largest Anytime Fitness franchisee headquartered in Austin, Texas, which operates 213 clubs across 24 states. The deal will provide capital and franchising expertise to scale Bandon's development and acquisition strategy within the Anytime Fitness system; terms were not disclosed.

Franchisee Jerry Pugh Acquires Workout Anytime with Minority PE Backing

April 18, 2025

Restaurants & Hospitality

Jerry Pugh, the largest Workout Anytime franchisee, acquired a majority stake in the 200-unit Workout Anytime brand from founders Steve Strickland and John Quattrocchi and became CEO. The deal was financed with minority investments from private equity firms Skyline Global Partners and Peninsula Capital Partners, plus minority stakes held by Peter Stipher (Private Capital Advisors) and Workout Anytime EVP Randy Trotter; Strickland retained a minority interest and will help with the transition.

Easy Mile Fitness Acquires 17 Planet Fitness Clubs From Bravo Fit Franchise Group

September 25, 2025

Consumer Products

Easy Mile Fitness, a privately held Planet Fitness franchisee based in Boston, acquired 15 Planet Fitness locations in Oregon and two in Alaska (17 clubs total) from Bravo Fit Franchise Group. The deal expands Easy Mile's footprint in the Pacific Northwest—making it the largest Planet Fitness operator in Oregon—and was financed by Fifth Third Bank with advisors supporting both sides.

CDM Fitness Holdings Acquires Seven Planet Fitness Clubs from Jeg Viper LLC

March 13, 2024

Restaurants & Hospitality

CDM Fitness Holdings, an SBJ Capital portfolio company, purchased seven Tacoma-area Planet Fitness clubs from Jeg Viper LLC, expanding its Pacific Northwest footprint. The deal adds nearly 162,000 square feet across seven locations and gives CDM rights to build and operate additional clubs in the Tacoma area as it reinvests in and upgrades the acquired facilities.