CR Fitness-backed Crunch Fitness to acquire nine gyms in Florida from 24 Hour Fitness.

CR Fitness-backed Crunch Fitness, a fitness chain, agreed to acquire nine gyms in Florida from 24 Hour Fitness, a fitness company. Financial terms were not disclosed. "We are thrilled at the opportunity to invest millions of dollars into these gyms and transform them into the Crunch Fitness brand and model," Tony Scrimale, CR Fitness Holdings CEO.