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Crunch Fitness Secures Major Investment for Expansion

4/15/2025

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Summary

Story summary

Crunch Holdings, LLC has secured a significant investment from Leonard Green & Partners, taking a majority stake in Crunch Fitness from TPG Growth. With a legacy dating back to 1989, Crunch has grown to over 500 gyms and three million members worldwide. CEO Jim Rowley is optimistic that LGP's experience will fuel further expansion while preserving the brand's essential values.

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Story summary

Crunch Holdings, LLC has secured a significant investment from Leonard Green & Partners, taking a majority stake in Crunch Fitness from TPG Growth. With a legacy dating back to 1989, Crunch has grown to over 500 gyms and three million members worldwide. CEO Jim Rowley is optimistic that LGP's experience will fuel further expansion while preserving the brand's essential values.