Olympus Partners Acquires Excel Fitness Holdings (Planet Fitness Franchisee)
April 29, 2022
Stamford-based private equity firm Olympus Partners has acquired Excel Fitness Holdings, a leading Planet Fitness franchisee headquartered in Austin, Texas. Excel operates over 90 Planet Fitness locations across several U.S. markets (serving ~750,000 members) and the deal represents a PE buyout from prior sponsor Altamont Capital Partners to support further club development and geographic expansion.
- Buyers
- Olympus Partners
- Targets
- Excel Fitness Holdings, LLC
- Sellers
- Altamont Capital Partners
- Industry
- Restaurants & Hospitality
- Location
- Texas, United States
- Transaction Type
- Buyout
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