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Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [15] 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 ...
The company was founded by chairman and chief executive officer, Bahram Akradi. [1] The company was incorporated in 1990 as FCA, Ltd., a Minnesota corporation, and registered the name Life Time Fitness in March of 1992. [2] In 2017, the word "Fitness" was officially dropped from the brand name, and the company became simply Life Time, Inc.
500+ (2023) Tivity Health is an administrator of fitness and wellness services. [clarification needed] [3] Tivity Health is headquartered in Franklin, Tennessee and has campuses in Franklin, Tennessee and Chandler, Arizona. [4] The company was founded in 1981 as American Healthways and rebranded to Tivity Health in 2017. [1]
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 & Gold's Gym), [4] operating 287 clubs across 11 U.S. states.
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LA Fitness in Markham, Ontario, Canada. LA Fitness was founded in 1984 by founder Chinyol Yi and Louis Welch in Los Angeles, California. [1] Through the mid-1990s, the company expanded by acquiring under-performing fitness clubs in southern California, and by developing, opening and operating newly constructed properties. [citation needed]
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