Town Sports International Holdings, Inc.
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Town Sports International Holdings, Inc. - overview
Established
1973
Location
Jupiter, FL, US
Primary Industry
Travel & Leisure
About
Town Sports International Holdings, Inc. operates as a fitness and health club chain, providing quality exercise facilities and services to its members across various locations in the United States. Town Sports International Holdings, Inc. specializes in managing health and fitness facilities.
Founded in 1973 and headquartered in Jupiter, Florida, the company has undergone strategic restructuring in its operations. In September 2020, Tacit Capital acquired the company for USD 80 million during a restructuring deal. The firm has completed a total of 3 deals, with its most recent deal occurring in September 2020. The founder's history is not explicitly mentioned in available resources.
Town Sports International Holdings, Inc. offers a range of health and fitness services including access to gyms, group fitness classes, personal training, and wellness programs. The company caters to a diverse clientele, providing membership options that suit various fitness needs and preferences, ensuring a comprehensive approach to health and wellness. In 2019, Town Sports International Holdings, Inc.
reported a revenue of USD 466. 76 mn and an EBITDA of USD 33. 21 mn for the same year, reflecting its operational performance in the fitness industry. Town Sports International Holdings, Inc.
plans to enhance its service offerings by launching new fitness programs and expanding into additional geographic markets. The company aims to utilize the recent restructuring funding of USD 80 million to implement these growth initiatives, further developing its fitness facilities and enhancing member experiences.
Current Investors
Tacit Capital
Primary Industry
Travel & Leisure
Sub Industries
Recreational Hobbies & Sporting Goods, Fitness & Wellness Facilities
Website
www.townsportsinternational.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Town Sports International Holdings, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restructuring | Completed | Town Sports International Holdings, Inc. | - | ||||||||
| Trade Sale | Completed | Flywheel Sports, Inc. | - | ||||||||
| Trade Sale | Completed | TW Holdings | - | ||||||||
| IPO | Completed | Town Sports International Holdings, Inc. | - | ||||||||
| Buyout | Completed | Town Sports International Holdings, Inc. | - |
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