NEW YORK -- Plus One Health Management Inc. has acquired TimeOut Services Inc., a provider of workplace and community fitness and wellness services in California. Plus One will immediately assume management of TimeOut Services’ existing corporate contracts in the Bay Area, along with Community BootCamp, a community-based group fitness program with seven locations. Financial terms of the agreement were not released.
“The acquisition of TimeOut Services allows Plus One to continue our focus on strategic growth opportunities,” Chris Ciatto, Plus One chief operating officer (COO), said in a release from the company. “The Bay Area in particular is an area where we have seen recent success, and TimeOut Services was a perfect fit for advancing Plus One’s goals in the region.”
Under the agreement, Patty Purpur, TimeOut Services’ founder, president and chief executive officer, will become a senior vice president with Plus One. Additionally, John Holding, TimeOut Services’ current COO, will become Plus One’s regional vice president, overseeing the existing TimeOut Services portfolio along with locations in development along the West Coast.
Founded in 1992 by Purpur, TimeOut Services provides a range of services, including fitness facility design, wellness program development and implementation, fitness center management, and group exercise programs for corporate clients. In addition, TimeOut’s Community BootCamp provides structured group fitness programs in seven Bay Area communities.