planet fitness

Planet Fitness co-founder Mike Grondahl has stepped down as CEO of the company, replaced by partner Chris Rondeau, according to the company. Grondahl will continue as a member of the board of directors....More

Planet Fitness CEO Mike Grondahl has told Club Industry that the deal between his company and private equity firm TSG Consumer Partners is done....More

With markets opening during the past year, private equity firms are becoming more interested in the fitness industry. Industry insiders say that the industry’s recession-resilient reputation, increased mergers and acquisitions in the industry, plus an impending capital gains tax deadline have led to more activity as 2012 heads down the home stretch....More

A settlement has been reached between the owners of Planet Fitness, Newington, NH, and its franchisee partners in PFNY LLC....More

Although revenue grew by a greater percentage for more companies and several major acquisitions occurred in 2011, the order of the top club companies remained the same....More