Flynn Group LP (Flynn), the world’s largest franchise operator, announced its acquisition of Grand Fitness Partners, a leading Planet Fitness franchisee with 98 locations across five states – California, Florida, New Jersey, Pennsylvania and Virginia. The acquisition expands Flynn’s Planet Fitness portfolio to 141 clubs across seven states. With more than 2,800 locations in all 50 states, Washington D.C., Puerto Rico and five countries, Planet Fitness is a leader in the high value low price fitness category and offers a best-in-class member experience for all fitness levels.
The acquisition of Grand Fitness Partners is Flynn’s second investment in the Planet Fitness system. In 2023, Flynn entered the Planet Fitness system when it purchased the Alder Partners franchise with 37 clubs across Massachusetts and Georgia, forming Flynn Fitness and adding to its portfolio of consumer-facing franchise brands. With the addition of 98 new locations and five new states to its portfolio, Flynn Fitness can continue to leverage its scale as an even greater strategic advantage as it strives to deliver system-leading club performance.
“We’re very excited to welcome the Grand Fitness teams and clubs into the Flynn Group family,” said Greg Flynn, the founder, chairman and CEO of Flynn Group. “Health and wellness are on the minds of consumers more than ever before, and fitness is a natural complement to our core restaurant business. When we acquired the Alder Partners franchise in 2023 and established Flynn Fitness, we did so knowing there was significant opportunity to grow with the brand. This acquisition meaningfully expands our presence in the Planet Fitness system and allows us to reach and support even more customers on their fitness journeys.”
“Flynn Group is a proven, accomplished operator and a valued franchisee,” said Colleen Keating, the CEO of Planet Fitness. “We look forward to building on our relationship as they grow the Flynn Fitness portfolio and deliver strong club performance across their expanding footprint. Their renewed investment reflects the strength of our brand and the long-term growth potential of the fast-growing fitness industry. We also thank Grand Fitness for more than 15 years as part of the Planet Fitness system and their commitment to expanding access and providing affordable fitness in the communities they served.”
For additional information about Flynn Group, please visit flynn.com
