TSG Consumer Partners Acquires EoS Fitness; Performance Equity Management Reinvests

TSG Consumer Partners Acquires EōS Fitness

May 12, 2025

Consumer Products

TSG Consumer Partners has signed a definitive agreement to acquire EōS Fitness, a rapidly growing US operator of High Value. Low Price. (HVLP) gyms. EōS CEO Rich Drengberg will remain with a vested interest as TSG supports the company's continued expansion of its multi-location, subscription-based gym footprint across the United States.

EoS Fitness Acquires Texans Fit Gym Chain

April 7, 2023

Healthcare Services

EoS Fitness has acquired Texans Fit, a Houston-based five-gym chain founded by the Houston Texans and M6 Football, expanding EoS’s footprint to 75 open gyms nationwide. The deal brings five new EoS locations to the Houston area, preserves approximately 120 gym-level jobs with the option to remain employed by EoS, and accelerates the company’s Texas expansion plans.

EōS Fitness Acquires 23 Gold's Gym SoCal Locations from Banos Brothers

October 29, 2025

Healthcare Services

EōS Fitness has acquired 23 existing Southern California gym locations from the Banos brothers’ Gold’s Gym SoCal franchise, adding more than 1,000 employees to EōS and making Southern California its largest market. The acquisition accelerates EōS’s growth plans (targeting 250 gyms by 2030) and expands its presence in high-profile Southern California submarkets including Hollywood, Long Beach and Santa Barbara.

EōS Fitness Acquires UFC Fit Silverado

November 8, 2023

Healthcare Services

EōS Fitness, a Dallas-headquartered national gym operator, acquired UFC Fit Silverado, an MMA-inspired fitness facility in Las Vegas, Nevada. The deal adds a local location to EōS's growing High Value. Low Price. (HVLP) footprint and converts UFC Fit Silverado members and staff into the EōS network as part of the company's ongoing Las Vegas expansion.

PSG Equity Commits Additional $100M to Sport Alliance

November 27, 2023

Cloud & SaaS

PSG Equity has committed an additional $100 million of growth capital to Sport Alliance, the Hamburg-based provider of cloud-based ERP and membership-management software for gyms and fitness studios. The follow-on investment builds on PSG's initial $65 million 2021 investment and will support Sport Alliance's international expansion and continued product and commercial growth; Sport Alliance now serves over 8,000 facilities, supports 5.2 million members and has roughly 350 employees.

Thoma Bravo Acquires EQS Group AG

November 16, 2023

Cloud & SaaS

Thoma Bravo, via Pineapple German Bidco GmbH, completed a public takeover offer to acquire EQS Group AG for EUR 40.00 per share, valuing the company at approximately EUR 400 million and leading to an expected delisting. The investment will provide EQS with funding for product innovation, capability expansion in compliance/ESG software and capital for potential add-on M&A as Thoma Bravo builds the business as a pan‑European compliance and ESG software platform.