RSG Group Acquires Gold's Gym

EōS Fitness Acquires 23 Gold's Gym SoCal Locations from Banos Brothers

October 29, 2025

Healthcare Services

EōS Fitness has acquired 23 existing Southern California gym locations from the Banos brothers’ Gold’s Gym SoCal franchise, adding more than 1,000 employees to EōS and making Southern California its largest market. The acquisition accelerates EōS’s growth plans (targeting 250 gyms by 2030) and expands its presence in high-profile Southern California submarkets including Hollywood, Long Beach and Santa Barbara.

TSG Consumer Partners to Acquire EōS Fitness

May 12, 2025

Healthcare Services

TSG Consumer Partners has signed a definitive agreement to acquire EōS Fitness, an operator of High Value. Low Price. (HVLP) gyms in the United States. The deal will keep EōS CEO Rich Drengberg and its tenured leadership team in place, with a focus on expanding the gym footprint and accelerating innovation.

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.

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.

ABC Financial Acquires GymSales

July 22, 2020

Cloud & SaaS

ABC Financial, a Thoma Bravo–backed provider of club management software, has acquired GymSales, an international provider of fitness sales management tools based in Melbourne. The acquisition adds GymSales' lead capture, nurture and sales-conversion capabilities as an add-on module to ABC's DataTrak platform to improve member acquisition and upsell performance for club operators.

TSG Acquires TrueCoach

April 27, 2020

Cloud & SaaS

TSG, an Advent International portfolio company, has acquired TrueCoach, a Boulder-based fitness coaching software provider that powers over 15,000 trainers worldwide. The acquisition is an add-on to TSG’s boutique fitness software portfolio and aims to expand digital fitness capabilities and international reach (United Kingdom, Australia, New Zealand) for TSG’s customers.