Stuart Goldman, Executive Editor

Goldman, Executive Editor
Managing Editor,
Club Industry
US Fitness Acquires Atlanta Fitness
US Fitness Holdings, McLean, VA, announced it has acquired Atlanta Fitness and added its founder to the US Fitness board of directors. Terms were not disclosed.
24 Hour Acquisition of Bally Clubs Complete; Seven Bally Clubs Remain
24 Hour Fitness, San Ramon, CA, announced it has completed its acquisition of 32 Bally Total Fitness clubs, leaving Bally with seven clubs remaining in the company. The sale closed on Friday, 10 days after it was first announced.
Former 24 Hour Fitness CEO Lands New Role
Elizabeth Blair, the former CEO of 24 Hour Fitness, San Ramon, CA, has a new job. Blair is now the CEO of Miraval Group, a luxury resort and spa company.
Youfit Receives $45 Million Investment from GE Capital
Youfit, Deerfield Beach, FL, announced it has received a $45 million credit facility from GE Capital. The investment will be used to support Youfit's growth plans and for general working capital needs.
EXOS, Formerly Athletes' Performance, Acquires MediFit
MediFit Corporate Services, a Florham Park, NJ-based wellness, fitness consulting and management company, has been acquired by Phoenix-based EXOS, formerly known as Athletes' Performance. Terms were not disclosed.
Equinox Eyes Manhattan Site for 2016 Opening
Equinox plans to open a new club in New York City in 2016, according to a New York real estate publication.
Des Moines YMCA Seeks $6 Million in Funding for Pool 
A new YMCA is scheduled to open Jan. 1 in downtown Des Moines, Iowa, but its pool likely will open later in 2015 as officials try to determine how to solve a $6 million budget shortfall.
U.S. Cities, States Ranked in Recent Health Reports 
Three reports on the health and well-being of the population of U.S. cities as well as state rankings related to obesity and physical activity trends were released this week by WalletHub, the United Health Foundation and the American College of Sports Medicine.
24 Hour Fitness to Acquire 32 Bally Total Fitness Clubs
In a deal that involves two of the biggest names in the health club industry, 24 Hour Fitness, San Ramon, CA, will acquire 32 Bally Total Fitness clubs in New York, New Jersey, Denver and the San Francisco Bay Area, the companies announced Tuesday.
Universities Show Increased Usage of Rec Centers
Several universities are seeing increases in the usage of their student recreation centers, and according to one study, students who work out at the centers have a higher grade-point average than those who make no visits.
Fitness Digital Network Launched by NBC Universal 
For $9.99 a month, fitness goers can now get a subscription to a new digital fitness network called Radius, which was announced by NBC Universal. Radius will allow people to work out on their smartphones or tablets.
Apple Reportedly Building $74 Million Fitness Center 
Apple Inc. is building a $74 million, 100,000-square-foot fitness center at its new headquarters in Cupertino, CA, according to reports. Few, if any, details about what will be included in the fitness center are known.
Missouri Reintroduces Bill that Would Exempt Health Clubs from Sales Taxes 
A Missouri lawmaker has once again introduced a bill that would exempt health clubs in that state from sales taxes. A similar bill was passed in the Missouri House of Representatives last April, but it was vetoed in June.
Life Time Fitness Acquires Atlanta Wellness Clinic
Life Time Fitness, Chanhassen, MN, announced last week it acquired ShapeMed, an Atlanta-based wellness clinic. Terms were not disclosed.
NFL Players Open Fitness Center in Washington State 
Two current players in the National Football League, Jake Locker and Michael Koenen, have teamed up to open a fitness club in their home state of Washington.
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Apr 21, 2014

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