TPG Growth and Crunch Fitness Management Acquire Crunch Fitness
July 1, 2019
TPG Growth partnered with Crunch Fitness management to acquire Crunch Fitness, including its company-owned "Signature" facilities and global franchising business. Financial terms were not disclosed; the partnership aims to accelerate Crunch's franchise expansion and enhance its capabilities to grow the brand internationally.
- Buyers
- TPG Growth, Crunch Fitness management (Jim Rowley, Mark Mastrov, Ben Midgley, Keith Worts)
- Targets
- Crunch Fitness
- Industry
- Healthcare Services
- Location
- New York, United States
- Transaction Type
- Buyout
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