TPG Capital to invest in Crunch Fitness.

TPG Capital agreed to invest in Crunch Fitness, a chain of over 265 franchised fitness clubs located in the United States, Canada and most recently Australia. Financial terms were not disclosed. “The investment from TPG is a testament to Crunch’s distinct brand, great facilities, and strong management and club teams. Under the leadership of Ben Midgley and Keith Worts, we’ve been able to create a fun, team-focused, and fitness-minded atmosphere that our members, team, and franchise partners embrace and enjoy,” said Jim Rowley, CEO of Crunch. “With the support of our new partners at TPG, we’re well-positioned to accelerate this offering. We look forward to working together to enhance our capabilities and expand Crunch’s footprint across the globe.”