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24 Hour Fitness is a privately held and operated fitness center chain headquartered in Carlsbad, California. It is the second largest fitness chain in the United States based on revenue after LA Fitness , [ 3 ] and the fourth in number of clubs (behind LA Fitness, Anytime Fitness and Gold's Gym ), [ 4 ] operating 287 clubs across 11 U.S. states.
Here is the complete list by state of 24 Hour Fitness locations that will be closing, according to the company's website. CALIFORNIA. Morgan Hill: 850 Tennant Station, Morgan Hill, CA 95037.
In 1998 David Giampaolo and Mark Mastrov co-founded Fitness Holdings Europe, a private-equity-backed investment vehicle, to open and acquire small chains of European health clubs. [citation needed] Fitness Holdings Europe was merged into 24 Hour Fitness Worldwide, Inc. in 2000. [2]
Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [14] holding the brand for four years. In 2005 Angelo, Gordon & Co., a private equity firm, purchased Crunch from Ballys for $45 million, and in 2009 added New Evolution Fitness Company ("NEFC"/New Evolution Ventures), a company founded by Mark Mastrov (founder of 24 hour fitness) and fitness Veteran Jim Rowley, as ...
Magic Johnson Enterprises formerly owned Magic Johnson Theatres and 24-Hour Fitness/Magic Johnson Sport health clubs. Over the years, Magic Johnson Enterprises has continually invested ownership in many lucrative businesses such as the Los Angeles Lakers , movie theaters and restaurants in the United States , including T.G.I. Friday's , Sodexo ...
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Bally Total Fitness was an American fitness club chain. At its 2007 peak, prior to the filing of the first of two Chapter 11 bankruptcies, Bally operated nearly 440 facilities located in 29 U.S. states, Mexico, Canada, South Korea, China, and the Caribbean under the Bally Total Fitness, Crunch Fitness, Gorilla Sports, Pinnacle Fitness, Bally Sports Clubs, and Sports Clubs of Canada brands.
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