Sunshine Fitness Growth Holdings Acquires Anchor Fitness LLC

Planet Fitness Acquires Sunshine Fitness (114 Clubs)

January 11, 2022

Restaurants & Hospitality

Planet Fitness, Inc. agreed to acquire Sunshine Fitness Growth Holdings, LLC — a Planet Fitness franchisee operating 114 clubs in the Southeast U.S. — in a cash-and-stock transaction valued at $800 million, funded in part by a new securitization and available cash. The locations (in AL, FL, GA, NC and SC) were folded into Planet Fitness' company-owned portfolio, and Sunshine co-founder Shane McGuiness joined Planet Fitness to oversee the combined corporate club operations; the deal closed in February 2022.

Taymax Group Holdings Acquires Southfit Planet Fitness Franchisee Group

September 12, 2019

Healthcare Services

Trilantic-backed Taymax Group Holdings, LP acquired the Planet Fitness franchisee group operating as Southfit (Southfit Holdings, PF Jax Three and PF Jax Four), adding 14 clubs, ~230 employees and ~75,000 members in the Jacksonville, Florida and southeastern Georgia region. The deal expands Taymax's platform to approximately 90 clubs and continues the company’s rollout strategy supported by prior strategic investment from Trilantic North America.

HGGC-Backed Grand Fitness Partners Acquires 13 Planet Fitness Locations from Asbell Group

January 13, 2022

Consumer Products

Grand Fitness Partners, backed by private equity firm HGGC, acquired a portfolio of 13 Planet Fitness locations across Virginia from the Asbell Group. The acquisition expands Grand Fitness's footprint into Virginia and brings its club count to 57; financial terms were not disclosed.

HGGC Acquires Majority Stake in PF Atlantic Holdings (Rebranded Grand Fitness Partners)

November 18, 2021

Healthcare Services

HGGC completed a majority investment in PF Atlantic Holdings, which is rebranding as Grand Fitness Partners; co-founders David Bidwell and Scott Linsky will continue to lead the business and retain a significant minority stake alongside current investor Monogram Capital. Grand Fitness Partners, headquartered in Toms River, New Jersey, operates 42 Planet Fitness locations across Florida, California, New Jersey and Pennsylvania; financing for the transaction was provided by Carlyle’s Global Credit and Goldman Sachs Asset Management Private Credit.

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.

Sunny Health & Fitness Acquires JLL Fitness

May 9, 2025

Consumer Products

Sunny Health & Fitness, a US-based maker and distributor of affordable, connected fitness equipment, has acquired UK-based JLL Fitness, a Birmingham supplier of home and commercial fitness equipment. The acquisition expands Sunny's international footprint and strengthens its connected-fitness product lineup for UK and European customers.