24 Hour Fitness Worldwide, Inc. | Principal Competitors

Principal Competitors

Bally Total Fitness Holding Corporation; The Sports Club Company, Inc.; World Gym International, Inc.

Key Dates:

1983:
The company is founded.
1994:
McCown De Leeuw makes an initial investment.
1995:
Ray Wilson Family Fitness Center chain is acquired.
2000:
24 Hour Fitness Worldwide, Inc. is formed.
2005:
The chain is put up for sale and Forstmann Little & Co. emerges as the buyer.

Further Reading

Bole, Kristen, "24 Hour Nautilus Is Now a Heavyweight on Club Circuit," San Francisco Business Times, July 11, 1997, p. 8A.

Calandra, Bob, "Winning 24/7," Fitness Business Pro, August 1, 2004.

Hindman, Jon, "Being Privately Held Is Working Out," California CEO, Fall 2004.

——, "Financial Deals 2001: Deal of the Year: Private Equity, 24 Hour Fitness Pumps Up Its Balance Sheet," San Francisco Business Times, March 1, 2002, p. S5.

"Investment Firm Buying 24 Hour Fitness," Ventura County Star, May 5, 2005.

Kafka, Peter, "Time to Shape Up," Forbes, March 9, 1998, p. 74.

Leuty, Ron, "Executive Profile: Mark Mastrov," San Francisco Business Times, January 25, 2002, p. 7.

—Ed Dinger

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