US Fitness Holdings LLC, led by brothers Kirk and John Galiani, announced tonight it has acquired Sport & Health, McLean VA, and has added the company to its portfolio of clubs in Virginia and the Washington, DC, area....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
McLEAN, VA -- Sport & Health Clubs, which has 23 clubs in the Virginia, Maryland and Washington, DC, areas, has received $25 million in financing through Pittsburgh-based PNC Mezzanine Capital and Wynnewood, PA-based CMS Mezzanine Fund....More
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