Announced
Synopsis
Trilantic-backed Taymax, one of the largest Planet Fitness franchisees, agreed to acquire Saber Fitness, an operator of Planet Fitness clubs with 27 locations and significant future development rights throughout California. Financial terms were not disclosed. "Saber has established an impressive business that is trusted by customers and employees across California, and we are confident this addition to our platform will further solidify our commitment to offering members a non-intimidating, high-value, affordable fitness experience. This partnership presents a significant growth opportunity for Taymax in attractive markets with favorable demographic trends. We are excited to expand Planet Fitness’ well-respected services to more communities across North America," Tim Kelleher, Taymax CEO.
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