Franchise Equity Partners Acquires Bravo Fit (Planet Fitness Franchisee)

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.

National Fitness Partners Acquires 20+ Planet Fitness Clubs from Baker Group

September 13, 2024

Restaurants & Hospitality

National Fitness Partners, a portfolio company of Argonne Capital Group, acquired more than 20 Planet Fitness franchise clubs in Indiana, Ohio and Tennessee from the Baker Group. The deal increases National Fitness Partners' footprint to 172 clubs across 13 states; terms were not disclosed.

Xponential Fitness Acquires Body Fit Training for $44M

October 13, 2021

Healthcare Services

Xponential Fitness, Inc. acquired Australia-based fitness franchisor Body Fit Training (BFT) for $44 million in a mix of cash and debt. Xponential acquired BFT's intellectual property, will support nearly 130 open franchised studios (and ~150 obligated to open) across Australia, New Zealand and Singapore while expanding the brand into the United States and Canada; BFT's co-CEOs will remain as master franchisors in APAC.

National Fitness Partners Acquires 16 Planet Fitness Clubs in Ohio and Pennsylvania

January 21, 2021

Restaurants & Hospitality

National Fitness Partners (NFP), a portfolio company of Argonne Capital Group, acquired 16 Planet Fitness club locations — 15 in the greater Cleveland and Akron-Canton, Ohio markets and one in central Pennsylvania. The deal was financed with junior capital from funds managed by the Credit Group of Ares Management and expands NFP's footprint to 94 Planet Fitness clubs with development rights across several states.

American Securities Acquires United PF Partners

December 30, 2019

Healthcare Services

American Securities, a New York-based private equity firm, has acquired United PF Partners, the largest Planet Fitness franchisee, from Eagle Merchant Partners and JLM Financial Partners. United PF is headquartered in Austin, Texas and operates more than 160 clubs across 14 states serving over 1 million members; terms were not disclosed and the deal closed in late December 2019.

ECP-PF Holdings Group Acquires Seven Planet Fitness Clubs from Meridian Enterprises

March 7, 2019

Consumer Products

ECP-PF Holdings Group, Inc., a Planet Fitness franchisee backed by Exaltare Capital Partners, acquired seven Planet Fitness locations in the Knoxville and Chattanooga, Tennessee markets from Meridian Enterprises. The deal expands ECP-PF’s footprint in the Southeast and keeps the locations open and operational under the Planet Fitness brand.