Diversified Acquires American Bodyworks
advertisement
Interact With Us
Best of 2011
Top Stories of 2011
The most popular stories of 2011. Did your favorites make our list?
Resource Center
Buyers Guide
Find industry businesses by product or service categories, view company profiles and more.
Club Industry Trade Show
Club Industry Show and Conference, held each October, is the premier event for fitness and wellness professionals. Find out more about Exhibitors, Events, and Education.
Industry Events & Trade Shows
The industry-wide calendar features listings for educational events, trade shows and more.
Classifieds
View classified ads for health club equipment and services, plus business opportunities and job postings.
Current Issue
Read stories from the latest print issue of Club Industry magazine.
Club info and News
Read news about some of the biggest names in the industry.
- 24 Hour Fitness
- Anytime Fitness
- Bally Total Fitness
- Crunch Fitness
- Club One
- Curves
- Equinox
- Gold's Gym
- Health Fitness Corp.
- LA Fitness
- Life Time Fitness
- Lifestyle Family Fitness
- Planet Fitness
- Plus One Management
- Powerhouse Gyms
- Snap Fitness
- Spectrum Athletic Clubs
- Sport & Health
- Town Sports International
- Sports Club Co.
- Urban Active
- Wellbridge
- Western Athletic Clubs
- World Gym
E-Newsletter Signup
Breaking news on the industry, people on the move, mergers and acquisitions and much more. Delivered weekly.
FORT LAUDERDALE, FL -- Diversified Health and Fitness recently announced the acquisition of American Bodyworks.
American Bodyworks has 22 locations, most of which are in the Southeast, with nine more in development. Its offices are in Marietta, GA.
“Diversified Health and Fitness is a great match for us in terms of an acquisition partner,” Robert Parrish, president of American Bodyworks, said in a statement. “The move will bring together a portfolio of large, coed clubs built on a great concept with the operational expertise of a team that has developed and sold over 1,000 clubs nationwide.”
Diversified Health, based in Fort Lauderdale, FL, and founded in 2007, also owns clubs such as Butterfly Life, 1-2-3 Fit and Shape Xpress. The acquisition of American Bodyworks expands the company’s portfolio to more than 200 clubs.
“The American Bodyworks brand is solid,” Diversified CEO Roger Wittenberns said in a statement. “The 10,000-square-foot-plus, coed model is a concept that allows for stability, growth and consistent cash flow. We commend the founders of American Bodyworks on their success in our industry, and we look forward to taking their concept to the next level.”
Meanwhile, two clubs owned by Diversified Health in the Denver area recently closed.
Rejuvenate in Wheat Ridge, CO, closed in October, according to a report by Denver’s NBC TV affiliate, 9News. Members were told their memberships could transfer to FitZone for Women in nearby Broomfield, CO, but that club, too, has since closed.
The women interviewed by the TV station say it has been two months since they have sent a written request to National Fitness Financial, Diversified’s billing company, to cancel their memberships and refund their money, yet their requests have not yet been granted.
The TV station contacted Diversified Health and National Fitness Financial last month. Both companies told the station that member accounts would be cancelled upon request, and refunds would be granted to members.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus