TPG Growth acquires Crunch Fitness

TPG Growth has acquired Crunch Fitness in a transaction that includes Crunch’s “Signature” facilities and its global franchising business.

“The investment from TPG is a testament to Crunch’s distinct brand, great facilities, and strong management and club teams,” Crunch CEO Jim Rowley said in a prepared statement. “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…

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