Harbor Square Athletic Club
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Harbor Square Athletic Club - overview
Established
1985
Location
Edmonds, WA, US
Primary Industry
Travel & Leisure
About
Harbor Square Athletic Club, located in Edmonds, Washington, offers an extensive range of fitness and wellness services designed to promote healthy lifestyles among individuals and families in the Greater Seattle area. Founded in 1985, Harbor Square Athletic Club specializes in providing comprehensive health and wellness services. It is headquartered in Edmonds, Washington. The club has not undergone any significant changes to its business strategy since its inception.
The founder’s history and previous ventures are not specified. The club was recently acquired by The Bay Clubs Company, LLC, a portfolio company of KKR, on February 1, 2025. Financial terms were not disclosed. Harbor Square Athletic Club offers a wide variety of health and wellness services, including advanced fitness equipment, indoor and outdoor racquet courts, and a well-equipped swimming facility.
The club promotes an active community through its tennis and pickleball programs, as well as numerous group exercise classes. Alongside fitness facilities, the club provides holistic wellness services such as massage therapy and family-oriented programs, catering to a diverse clientele that includes both individuals and families seeking active lifestyles in the Greater Seattle region. The revenue model for Harbor Square Athletic Club is primarily based on membership subscriptions and additional service fees. Members can choose from annual or monthly subscription plans, which provide access to the club’s facilities and group classes.
Revenue is also generated from personal training sessions, childcare, and wellness services, including massage therapy, with transactions occurring directly between the club and its members. Following its acquisition in early 2025, Harbor Square Athletic Club is positioned to expand its sports programs and fitness amenities under the umbrella of The Bay Clubs Company, LLC. The acquisition aims to enhance the club’s offerings in the fitness sector. Future expansion plans may involve developing new products and services to cater to a broader audience, although specific details on upcoming launches have not been disclosed.
The club's strategy will leverage the resources of its new parent company to facilitate these growth initiatives.
Current Investors
The Bay Clubs Company, LLC
Primary Industry
Travel & Leisure
Sub Industries
Recreational & Entertainment Facilities
Website
www.harborsquare.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Harbor Square Athletic Club - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Harbor Square Athletic Club | - |
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