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Grand Fitness Partners Acquires 13 Planet Fitness Locations in Virginia
Friday 14 January 2022

New Jersey, US-based Planet Fitness franchisee Grand Fitness Partners has acquired a portfolio of 13 Planet Fitness locations across Virginia from the Asbell Group, the company said.

Financial terms of the transaction were not disclosed.

The 13 Planet Fitness locations will benefit from Grand Fitness Partners' operating infrastructure, culture and marketing resources.

Grand Fitness Partners (formerly PF Atlantic Holdings), backed by private equity firm HGGC, is a franchisee in the Planet Fitness system, operating 44 Planet Fitness health clubs with the rights to continue to develop the areas of South Florida, Central California, and parts of New Jersey.
Date Published: 14/01/2022