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Chris Rondeau sees the potential for explosive growth similar to Planet Fitness for Panobianco Academia, Brazil’s largest gym franchisor.
Planet Fitness has priced $750 million in new fixed-rate notes, issued in two tranches with five and seven-year repayment timelines, it said.
Low-price gym giant Planet Fitness has opened 79 clubs in LA alone in the past 15 years, fueled by franchise groups like So Cal Gyms LLC.
Planet Fitness raised its 2025 outlook after a strong third quarter and revealed plans to increase its Black Card membership price in 2026.
Grand Fitness Partners has acquired 10 new Planet Fitness locations across California, expanding its reach to 90 clubs nationwide.
The deal makes Easy Mile Fitness the largest Planet Fitness operator in Oregon and expands its reach to 70 locations.
Ohana Growth Partners expands its footprint with Planet Fitness club moves in Michigan and Wisconsin, bringing its total to 94 gyms.
Over 3.7 million teens joined Planet Fitness’ free High School Summer Pass program, logging 19 million workouts and fueling Gen Z growth.
Retro Fitness, Crunch Fitness and 24 Hour Fitness are marking the anniversary of September 11th by honoring first responders and their families.
Planet Fitness franchisee Excel Fitness is expanding beyond 166 clubs and seeking acquisitions that meet its suburban growth criteria.
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