Fitness Connection Ltd.
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Fitness Connection Ltd. - overview
Established
1999
Location
Houston, TX, US
Primary Industry
Travel & Leisure
About
Fitness Connection Ltd. is a fitness and wellness company that provides a variety of gym facilities and membership services, catering to individuals with different fitness goals and needs. Founded in 1999 and headquartered in Houston, US, Fitness Connection Ltd. operates in the fitness industry, focusing on accessible gym services.
The company was acquired by LNK Partners from WestView Capital Partners in October 2013. CEO Patrick Flanagan leads the organization, continuing its commitment to offering community-focused fitness solutions. Fitness Connection primarily operates in the fitness and wellness industry, offering fully equipped gyms, group exercise classes, personal training sessions, and wellness programs. The company emphasizes affordable membership options, serving customers across various states in the US, including Texas, North Carolina, and Nevada, to foster supportive fitness environments.
Fitness Connection generates revenue primarily through membership subscriptions, which entail monthly fees for gym access and services. The straightforward pricing structure includes various tiers based on access levels and additional benefits. This direct-to-consumer model enhances customer engagement and retention, with key offerings contributing to the revenue stream. Fitness Connection plans to continue expanding its presence in various US markets by launching new fitness programs and facilities.
Following the acquisition in October 2013, the company aims to utilize the strategic direction and resources from LNK Partners to enhance its service offerings and reach more communities. Specific targeted regions for growth will be outlined as market studies progress.
Current Investors
Titan Fitness, LLC
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities
Website
www.fitnessconnection.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Fitness Connection Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Fitness Connection Ltd. | - | ||||||||
| Add-on | Completed | Fitness Connection Ltd. | - |
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