Sport & Health Acquires Clubgolf
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GAITHERSBURG, MD -- Sport & Health Clubs acquired Clubgolf Performance Center at its Rio location in Gaithersburg, MD. The acquisition is part of Sport & Health’s multi-year campaign to grow and improve its network of health and fitness clubs throughout the Washington, DC, area. In 2009, the company secured $25 million in mezzanine financing.
Clubgolf is a year-round performance center focused on a personalized combination of evaluation, fitness training and instruction.
With more than 10,000 square feet of weight machines, hitting bays with video, Trackman launch monitors, short-game practice areas, a putting green, self-serve video cameras and a swing diagnostic center, Clubgolf offers classes for beginners to groups and professionals. A membership cap of 500 people grants Clubgolf members plenty of personal attention and room to move, lift and swing.
“Clubgolf has been a close strategic partner of Sport & Health for several years,” Sport & Health President and COO Mark Fisher said in a release from the company. “Given our shared mission and value in fitness, we felt Sport & Health could offer a new range of services to existing members through this acquisition.”
Existing members of Rio Sport & Health Club will receive membership options for use of Clubgolf. Effective immediately, hours will be extended, and Sport & Health branding will be incorporated throughout the Clubgolf facility.
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