Jeff Skeen Has Wellness and Growth in Mind for Fitness Connection
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.
As Jeff Skeen moves his company, Titan Fitness, away from the Gold's Gym brand, he is creating a wellness brand that he plans to expand under the Fitness Connection name. Photo courtesy of Titan Fitness.
Fitness Connection, Houston, may be the latest acquisition by Titan Fitness, McLean, VA, but it is not the only change the company made recently and it will not be the last, promises Jeff Skeen, president and CEO of Titan Fitness.
In July, Titan Fitness purchased seven Fitness Connection clubs for an undisclosed sum, and shortly thereafter, ended its Gold’s Gym International franchisee status, under which it had 10 clubs.
Titan’s 17 clubs are now branded as Fitness Connection, and the company has budgeted $1 million to rebrand as such.
At about the same time, Titan completed a $4.6 million equity offering with its two private equity fund backers, WestView Capital Partners, Boston, and National City Equity Partners, Cleveland.
“Leaving the brand was definitely a difficult decision,” Skeen says. “However, by not being a franchisee, we now have the ability to view our growth with a much broader lens, including developing new markets that were not available to us before and a wider spectrum of acquisition/merger opportunities.”
The move also allows Titan Fitness to develop a localized brand into a national one. And it will allow the company to expand more into wellness.
“When we started looking at the Fitness Connection acquisition, we realized that the company had a name which reflects our desire as a company to reach a part of the American population that isn’t coming into health clubs,” Skeen says. “A big part of our messaging is about connecting people to health and fitness and being a solution to the health care crisis.”
Want to use this article? Click here for options!
© 2012 Penton Media Inc.











Acceptable Use Policy blog comments powered by Disqus