Fitness Ventures LLC
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Fitness Ventures LLC - overview
Established
2016
Location
Altamonte Springs, FL, US
Primary Industry
Travel & Leisure
About
Based in the US, Fitness Ventures LLC specializes in delivering a holistic fitness experience, offering a range of services including gym access, group classes, and tanning, crucial for community health and wellness. Fitness Ventures LLC, founded in 2016, is located in Altamonte Springs, US. The company focuses on creating a supportive fitness environment for community members through innovative services. The CEO, Brian Hibbard, has a background in the fitness industry.
In August 2024, Meaningful Partners acquired Fitness Ventures LLC from Prospect Hill Growth Partners, enabling a strategic shift in its growth trajectory. The company has participated in 2 deals, with the most recent deal occurring on 2024-08-01. Fitness Ventures LLC's core offerings revolve around creating a comprehensive fitness experience tailored to community members and clients. The company provides a variety of fitness-related services including access to state-of-the-art gym facilities, group fitness classes designed to engage participants of all skill levels, and a full-service tanning salon available at each location.
These services are aimed at promoting health and well-being for individuals and communities, addressing fitness goals through an inviting and supportive environment. The target clientele includes a diverse range of fitness enthusiasts, from beginners to seasoned athletes, primarily within urban and suburban markets across the United States. The company's focus on inclusivity and positivity ensures that it serves a broad spectrum of end users, fostering a welcoming community atmosphere. Fitness Ventures LLC generates revenue through a membership-based model that allows clients to access its various fitness services.
The business structure is designed around direct-to-consumer transactions, with memberships providing unlimited access to gym facilities and classes. Additionally, the company offers premium services, including tanning, which further contributes to its revenue stream. Membership plans may include tiered pricing options to cater to different consumer needs and preferences. By providing an all-encompassing fitness solution, Fitness Ventures LLC aims to retain a loyal customer base while attracting new members, thereby securing a consistent revenue flow from its diverse offerings.
Following its acquisition in August 2024, Fitness Ventures LLC plans to leverage new ownership to accelerate growth within the fitness industry. The company aims to launch new fitness programs and expand its services into additional urban and suburban markets across the US within the next 12-18 months. The recent acquisition will facilitate these initiatives, allowing the company to enhance its offerings and reach a broader audience.
Current Investors
Prospect Hill Growth Partners
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities
Website
www.fitnessventuresllc.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Fitness Ventures LLC - 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 Ventures LLC | - | ||||||||
| Add-on | Completed | Crunch Toledo | - | ||||||||
| Add-on | Completed | T&N Investments, LLC | - | ||||||||
| Buyout | Completed | Fitness Ventures LLC | - |
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