Grand Fitness Partners Acquires Eight Planet Fitness Clubs from PCV Holding Co.
December 6, 2023
Grand Fitness Partners, an HGGC-backed Planet Fitness franchisee, has acquired eight Planet Fitness locations in California's Central Valley from PCV Holding Co. LLC; the sellers rolled part of the proceeds into Grand Fitness and retain a minority stake. The acquisition expands Grand Fitness' California footprint (cities include Fresno, Modesto and Stockton) and is an add-on to support organic growth and new-club development.
- Buyers
- Grand Fitness Partners, HGGC
- Targets
- Eight Planet Fitness locations (Central Valley, California)
- Sellers
- PCV Holding Co. LLC
- Platforms
- Grand Fitness Partners
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Addon
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