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GoodLife Purchases 10 Bally Total Fitness and Sports Clubs in Canada
GoodLife Fitness Clubs today announced that the company has acquired the majority of the Sports Clubs of Canada and Bally Total Fitness Canadian operations with the purchase of the assets of 10 clubs, all located in the GTA. The addition of the 10 clubs will bring GoodLife's total across Canada to 139 clubs, solidifying GoodLife's position as the largest fitness provider in Canada. The transactions are subject to customary closing conditions including lease negotiations.
"The addition of the Bally clubs will not change our primary commitment which is to the health and well-being of our members and our pledge to make Canadians the fittest population on the planet, said David Patchell-Evans, CEO and founder of GoodLife Fitness." Our goal will be to continue the service provided to Bally and Sports Clubs members but with our own unique GoodLife branding, core values and a staff passionate about fitness."
London-based GoodLife Fitness is the leading owner and operator of fitness clubs in Canada. GoodLife is a privately held company ranking GoodLife in the top 10 for size and revenue growth in the world(1). GoodLife will have 151 locations by December 2007.
(1) Club Business International Global 25 Report July 2006
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Daily NewsTags: ,Lifestyle and Leisure:PersonalCare/Fitness, LifestyleandLeisure:Recreation, MedicalandHealthcare:HealthandNutrition, MedicalandHealthcare:Healthcare, Sports:EquipmentandAccessories, ,GA,LONDON, ONTARIO
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