Steven Elliott Acquires and Converts an Independent Fitness Facility into Workout Anytime (Pearl, Mississippi)

Anytime France (Purpose Brands master franchisee) Acquires INTERVAL Sport Fitness Group

August 11, 2026

Professional Services

Anytime Fitness’s master franchisee in France, Anytime France, S.A.S, acquired INTERVAL Sport Fitness Group. The deal will convert ten INTERVAL Sport locations into Anytime Fitness clubs, adding 10 new sites, 23 team members, and 14,000 members to the Anytime network in France.

Eagle Merchant Partners backs Aligned Fitness’ Club Pilates roll-up and studio expansion

June 26, 2025

Healthcare Services

Eagle Merchant Partners made its first investment from Fund II in Aligned Fitness, a Southeast franchisee/operator of the Club Pilates system, partnering with the company’s leadership to accelerate studio growth. In connection with the deal, Aligned also completed add-on acquisitions of Crescent Concepts (SC/NC) and Next Twenty (GA) to expand the platform to 34 studios across North Carolina, Georgia, and South Carolina.

Franchisee Jerry Pugh Acquires Workout Anytime with Minority PE Backing

April 18, 2025

Restaurants & Hospitality

Jerry Pugh, the largest Workout Anytime franchisee, acquired a majority stake in the 200-unit Workout Anytime brand from founders Steve Strickland and John Quattrocchi and became CEO. The deal was financed with minority investments from private equity firms Skyline Global Partners and Peninsula Capital Partners, plus minority stakes held by Peter Stipher (Private Capital Advisors) and Workout Anytime EVP Randy Trotter; Strickland retained a minority interest and will help with the transition.

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.

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

May 21, 2018

Consumer Products

Fireman Capital Partners has acquired a majority stake in Bandon Holdings, an Austin, Texas–based Anytime Fitness franchisee. The investment gives Fireman control of Bandon’s multi-location gym platform (250+ locations per company filings) and is intended to support growth, scale operations, and accelerate the franchisee’s expansion.