Largest, Fastest-Growing Area Developer Within the Planet Fitness System Acquired by New York Private Equity Firm Atlanta, GA (Dec. 30, 2019) — American Securities, a leading U.S. private equity firm, has acquired United PF Partners (“United PF”), the largest and fastest-growing area developer within the Planet Fitness system, from Eagle[…]
The Recreational Group Acquires Swisstrax, Leading Garage and Event Tile Flooring Provider
DALTON, Ga (Dec. 17, 2019) — The Recreational Group, a leading provider of residential and commercial surfacing products, has acquired Swisstrax, the preeminent purveyor of plastic modular tiles used as floor covering in garages, hangars and event spaces. CEO Randy Nelson started Swisstrax more than 20 years ago, directing the development of the revolutionary[…]
Eagle Merchant Partners Sells Chicken Salad Chick to Brentwood Associates
LOS ANGELES, (Nov. 4, 2019) — Brentwood Associates (“Brentwood”), a consumer-focused private equity firm, announced it has entered into a definitive agreement to acquire a majority interest in SSRG Holdings, LLC (“Chicken Salad Chick” or the “Company”) from Eagle Merchant Partners. Chicken Salad Chick has 137 locations throughout 16 states[…]
United PF Partners acquires 26 Planet Fitness clubs from PF Arkansas
United PF Partners, an Austin, Texas-based Planet Fitness (NYSE:PLNT) franchisee, has acquired 26 Planet Fitness clubs in the Arkansas, Tennessee, Missouri, Mississippi and Illinois markets from PF Arkansas, LLC. Financial details were not disclosed. The deal increases United PF Partners’ club count to 152 clubs across 14 states. Financing for[…]
Chicken Salad Chick Buys 11 Units from a Franchisee
The chicken salad chain now operates 32 of its 105 locations, with significant growth planned for 2019 Auburn, AL (December 21, 2018) — Chicken Salad Chick this week said that it purchased 11 locations in Georgia from the brand’s largest franchise operator, Origin Development Group. Terms of the deal were[…]
United PF Partners Acquires Arizona Planet Fitness Club Group
Largest Planet Fitness Franchisee Accelerates Growth AUSTIN, Texas (Sept. 5, 2018) – United PF Partners (United PF), the largest Planet Fitness (NYSE: PLNT) franchisee, has acquired 19 Planet Fitness locations in the Phoenix market from JEG-FIT, increasing its operating club count to 108 clubs across 10 states. United PF was formed by […]
Eagle Merchant Partners and JLM invest in Recreational Group
Dalton, GA (August 20, 2018) – Eagle Merchant Partners and JLM Financial Partners have closed their investment in the Recreational Group, a leading provider of residential and commercial recreational surfacing products across the country. The move capitalises on the rapidly-growing artificial turf and sports surfacing industry, with products used across[…]
United PF Partners Announces New Chief Operating Officer
Highly Respected Leader Joins Fast Growing Top Planet Fitness Franchisee Austin, TX (October 25, 2017) – United PF Partners (United PF), the largest Planet Fitness (NYSE: PLNT) franchisee with 78 operating clubs, announced today the addition of Shelli Taylor as Chief Operating Officer and part of the company’s executive leadership[…]
United PF Partners Acquires Two Additional Planet Fitness Club Groups
Largest Franchisee Accelerates Growth Austin, TX (October 23, 2017) – United PF Partners (United PF), the largest Planet Fitness (NYSE: PLNT) franchisee, completed two add-on acquisitions of Planet Fitness franchisees in the Phoenix and New Orleans markets, increasing its operating club count by 11 clubs to 78 across 10 states. […]
Eagle Merchant Partners and JLM Financial Partners ink United Planet Fitness JV
Add “Austin, TX (November 14, 2016) – Eagle Merchant Partners, a private equity firm, and JLM Financial Partners, an Austin, Texas-based investment firm, have formed United PF Partners, an Austin-based Planet Fitness franchisee joint venture. No financial terms were revealed. The joint venture will have 59 operating clubs in nine[…]