Fireman Capital Partners Acquires Majority Stake in Bandon Holdings (Anytime Fitness Franchisee)

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

September 25, 2024

Healthcare Services

Rainier Partners' portfolio company Omega Fitness has acquired 21 Anytime Fitness gyms in Wisconsin from MDS Fitness, expanding Omega's footprint and strengthening geographic density in the state. The deal increases Omega's position as one of the largest Anytime Fitness franchisees (now operating 120+ gyms) and is an add-on to the Rainier-backed platform focused on rapid roll-up growth.

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.

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.

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.

Morgan Stanley Capital Partners Acquires Impact Fitness

June 11, 2019

Retail

Investment funds managed by Morgan Stanley Capital Partners completed a majority investment in Impact Fitness, a Planet Fitness franchisee operating 29 clubs across the United States and Canada. MSCP partnered with Impact's management team led by CEO Adam Willaeys, acquiring the company from Bain Capital Double Impact and Bridges Fund Management to support further growth and expansion of the franchise footprint.

Brentwood Associates Acquires Majority Interest in Afterburn Holdings

January 11, 2019

Healthcare Services

Brentwood Associates has acquired a majority interest in Afterburn Holdings, a leading Orangetheory Fitness franchisee headquartered in Houston, Texas, which operates 12 studios and oversees an additional eight in the greater Houston market. Company founders/operators Jim Potesta and Marty Reichenthal retain substantial ownership and will continue to run the business as Brentwood partners with management to drive multi-unit growth and geographic expansion.