The Bay Clubs Company, LLC
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The Bay Clubs Company, LLC - overview
Established
1977
Location
San Francisco, CA, US
Primary Industry
Travel & Leisure
About
The Bay Club is a California-based company offering a variety of membership services that promote sports, lifestyle, and outdoor recreation, primarily targeting individuals and families in major urban areas of the US. Founded in 1977 by T Worth, The Bay Club operates in San Francisco, US, focusing on membership-based health and wellness services. In July 2018, KKR acquired the company from JMA Ventures, York Capital Management, Roxborough Group, and other investors. The Bay Club offers diverse membership services focusing on sports, outdoor recreation, and an active lifestyle, catering to individuals and families primarily in the San Francisco Bay Area, Los Angeles, San Diego, Seattle, and Portland.
Their core offerings include access to state-of-the-art fitness facilities, group exercise classes like yoga and cycling, and specialized sports programs covering golf, tennis, pickleball, and aquatics. The company enhances member experience with advanced recovery technologies, including Normatec Compression, HydroMassage, and CryoLounge+. Additionally, Bay Club provides extensive family programming, including childcare and year-round camps to engage members of all ages. The revenue model of The Bay Club is centered on membership subscriptions, where individuals and families pay for access to a wide range of facilities and services.
Members typically sign long-term contracts, which provide various benefits, including fitness classes, sports clinics, and recovery services. The company also generates revenue through partnerships and hosting events, though specific pricing structures for memberships and services are not disclosed. The membership options cater to diverse needs, including family plans that allow multiple individuals to join under one membership, thereby enhancing accessibility for clients. The business operates on a direct-to-consumer model that fosters community engagement among members.
The Bay Club aims to leverage recent funding to enhance its offerings and expand its market reach. Specific plans include launching new membership products designed for targeted demographics and expanding into new geographic regions. The company is particularly focused on increasing its presence in urban markets across the US by 2025. The acquisition by KKR in July 2018 supports these initiatives by providing resources for further development and expansion.
Current Investors
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities
Website
www.bayclubs.com/
Company Stage
Mature
Total Amount Raised
Subscriber access only
The Bay Clubs Company, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Arena Sports LLC | - | ||||||||
| Add-on | Completed | 425 Fitness | - | ||||||||
| Add-on | Completed | Harbor Square Athletic Club | - | ||||||||
| Add-on | Completed | PRO Club, Inc. | - | ||||||||
| Secondary Buyout | Completed | The Bay Clubs Company, LLC | - |
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