Planet Fitness Franchisee Picks Up 14 Clubs in Alabama and Virginia
Company Added
Company Removed
Apply to Request List

Planet Fitness Franchisee Picks Up 14 Clubs in Alabama and Virginia

Planet Fitness Franchisee Picks Up 14 Clubs in Alabama and Virginia

Indianapolis-based PLNTF Holdings, a company whose subsidiary, PF Indy, operates Planet Fitness locations, acquired 14 more of the brand's units in the Alabama and Virginia markets. The franchisee also has plans to open additional clubs in those same states.

The group is already a Planet Fitness operator in the Indianapolis market where it currently operates 15 locations. The new deal brings PLNTF Holdings' total club count to 29, which makes it one of the largest franchisees in the Planet Fitness network. PLNTF Holdings is owned by private equity firm Atlantic Street Capital.

"We are very pleased with the growth of our operations in existing markets," PLNTF Holdings CEO Mike Campagnolo said. "We partnered with Atlantic Street to leverage their multi-unit retail expertise and help broaden our footprint into new markets. The acquisition of these clubs in high-quality retail locations is an important step in our overall strategy to create a more powerful and geographically diverse Planet Fitness platform. We see strong potential in the Alabama and Virginia markets where our club's compelling value proposition will be very appealing to consumers. We look forward to working with Atlantic Street to continue our steady growth."

The deal's Alabama clubs are located in the Mobile area as well as northern Alabama. The Virginia clubs are in Alexandria, Manassas, Fairfax, Centreville, Springfield, and Woodbridge.

Published: June 19th, 2018

Share this Feature

The Joint Corp.
SPONSORED CONTENT
The Joint Corp.
SPONSORED CONTENT
The Joint Corp.
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
CRISP & GREEN®
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

Urban Air Adventure Park
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Forum, Las Vegas
APR 6-9TH, 2021

Are you looking to capitalize on your sales and management skills? Discover more about our B2B building maintenance franchise opportunity.
Cash Required:
$140,000
Request Info
Strickland Brothers 10 Minute Oil Change is now offering franchise opportunities for savvy investors to build on the success of our corporate...
Cash Required:
$250,000
Request Info

Share This Page

Subscribe to Multi-Unit Franchisee Report

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2020.
All Rights Reserved.