Top Fitness and Wellness Acquisitions in 2024
As we approach the end of 2024, it’s a good time to look back at some of the major moves and acquisitions that have shaped the fitness, wellness, nutrition, and technology industries this year. Let’s dive into some of the key mergers and acquisitions that have taken place:
Gyms & Studios:
– Orangetheory Fitness and Self Esteem Brands joined forces earlier this year under a new holding company called Purpose Brands, led by former Topgolf CEO Tom Leverton.
– Genesis Health Clubs expanded its presence by acquiring The Atlantic Club, making a mark in the East Coast fitness market.
– LA Fitness acquired XSport Fitness, adding 35 gyms in New York, Chicago, and Virginia to its portfolio.
– Acac Fitness & Wellness centers acquired La Maison Health & Fitness, a family-owned fitness club in Pennsylvania.
– World Fitness Services (WFS) acquired World Gym International, paving the way for global expansion.
– Urban Gym Group (UGG) acquired Gymbox, a London-based boutique gym brand.
– PureGym secured 67 Blink Fitness gyms, beating out Planet Fitness.
Fitness Equipment:
– FitLab, the company behind Nike Studios, acquired Assault Fitness and RPM Training after securing $65 million in financing.
– Echelon acquired ThriveX to enhance its recovery solutions.
– Fitnessmith acquired Gym Source USA’s commercial equipment, maintenance, and service divisions.
Apps:
– Outside Inc. acquired MapMyFitness from Under Armour to bolster its digital platform.
– TrainingPeaks purchased IndieVelo, a virtual cycling platform.
Corporate Wellness/B2B:
– EGYM acquired FitReserve to expand its reach in the corporate wellness space.
– HealthFitness acquired Corporate Fitness Works (CFW) to enhance its corporate fitness management solutions.
– Oura acquired Sparta Science to improve its B2B offerings.
Nutrition & Supplements:
– PepsiCo acquired Siete and Keurig Dr Pepper acquired Ghost, a sports nutrition brand.
– Pure Protein owner 1440 Foods acquired FitCrunch to cater to health-conscious consumers.
While we await what 2025 has in store, it’s exciting to see how these acquisitions will shape the future of the fitness and wellness industries. Who knows who will be the next to make a major announcement? Stay tuned for more updates!
