TruFit Hits 40 Locations, Expands in Tennessee
The Texas-based HVLP gym chain has experienced a 45% increase in its member base over the past two years and is flush with new growth capital
TruFit Athletic Clubs, a Texas-based high-value, low-price (HVLP) gym chain, opened its 40th club and fourth Tennessee location, touting its “affordable luxury” approach to club memberships.
The opening of the latest TruFit location in Murfreesboro, Tennesse, included a ribbon-cutting ceremony last month, with the TruFit executive team presenting a $1,500 check to Tennessee Alliance for Kids (TAK), a child welfare service provider.
The new TruFit Murfreesboro location boasts affordable access to amenities such as state-of-the-art equipment, fitness trainers, group fitness classes, a turf field, basketball court, a women-only workout area, childcare services, a sauna, HydroMassage and personalized wellness solutions. Virtual personal training is also available, and a TruFit app lets members book group classes, track progress and consult personal training plans.
In addition to its family-friendly approach with its childcare services, TruFit clubs also promote wellness to older children and teens with low-impact, non-spine-loading programs.
The HVLP brand offers tiered memberships (Basic, Essentials and Results+) starting at $10/month. It operates 36 locations in Texas and four in Tennessee.
NewSpring Mezzanine invested subordinated debt and equity in TruFit Clubs last fall, with the financial firm noting that fragmented gym markets in smaller, non-metro areas provide “ample opportunity” for TruFit.
“Through a data-driven approach to analyzing potential new markets, the company has wisely identified its next geographic area for expansion, and we’re excited to help this business reach new levels of growth,” said NewSpring Mezzanine general partner Anne Vazquez.
Last month, TruFit announced the promotion of Aaron McFarland to the position of COO. In a statement regarding his new role, McFarland noted that over the past two years, TruFit has experienced “explosive growth” with a 45% increase in its member base.
“TruFit is establishing itself as a significant player in the fitness industry, and I am enthusiastic about enhancing our commitment to nurturing a stronger, more empowered community,” said.
