The Life Time deal involves four unnamed properties.
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February 15, 2022

News

Life Time to Do $175 Million Sale-Leaseback Deal

Proceeds from the agreement, which involves four unnamed properties, will be used for expansion and to strengthen the company’s balance sheet. This isn’t the biggest sale-leaseback deal the company has done.

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Athlete-Backed Fitness App, Future, Raises $75 Million in Funding

Future, which is a digital fitness coaching service, now has investors that include J.J. Watt, Rory McIlroy, Kevin Durant and Rich Kleiman’s Thirty Five Ventures, as well as Kate Hudson and Oliver Hudson of Sibling Revelry, who will create a podcast series for Future.

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FitOn Acquires Peerfit

With the purchase of Peerfit, the fitness app and digital fitness platform FitOn is expanding its reach in healthcare and wellness.

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From Club Industry

Mobile App: Take the Future of Fitness Virtual Events with You

Explore and view the Future of Fitness virtual event sessions on Club Industry’s mobile app. Workout, run or commute while listening to experts in the industry who offer insights on topics that will help you move your business to a more profitable future. Download for free at the App Store or Google Play.

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Diversity, Equity And Inclusion In The Fitness Industry

Club industry has committed to helping to move forward the discussion on diversity, equity and inclusion in the fitness industry. In this ongoing series, people within the industry are sharing their experiences as people of color and as companies committed to DEI.

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In Brief

ClassPass Reveals Best of ClassPass Awards, Highlighting the Top Studios and Instructors in North America

AMPED FITNESS Taking Over Gold’s Gym in Altamonte Springs, Florida

Kelly Tope Named Sr. Director Of Franchise Development For 9Round Franchising, LLC

Power Plate Announce Official Partnership with Alpine Academy