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24 Hour Fitness is a privately held and operated fitness center chain headquartered in Carlsbad, California. It is the second largest fitness chain in the United States based on revenue after LA Fitness , [ 3 ] and the fourth in number of clubs (behind LA Fitness, Anytime Fitness and Gold's Gym ), [ 4 ] operating 287 clubs across 11 U.S. states.
In 1998 David Giampaolo and Mark Mastrov co-founded Fitness Holdings Europe, a private-equity-backed investment vehicle, to open and acquire small chains of European health clubs. [citation needed] Fitness Holdings Europe was merged into 24 Hour Fitness Worldwide, Inc. in 2000. [2]
Magic Johnson Enterprises formerly owned Magic Johnson Theatres and 24-Hour Fitness/Magic Johnson Sport health clubs. Over the years, Magic Johnson Enterprises has continually invested ownership in many lucrative businesses such as the Los Angeles Lakers , movie theaters and restaurants in the United States , including T.G.I. Friday's , Sodexo ...
California Fitness was a fitness company based in Hong Kong. It opened its first club in 1996 at the business district of Hong Kong near Lan Kwai Fong. There were 16 clubs in Hong Kong, Singapore and China. California Fitness was acquired in 1999 by 24 Hour Fitness Worldwide, which sold it to the Ansa Group in 2012. [1]
Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [14] holding the brand for four years. In 2005 Angelo, Gordon & Co., a private equity firm, purchased Crunch from Ballys for $45 million, and in 2009 added New Evolution Fitness Company ("NEFC"/New Evolution Ventures), a company founded by Mark Mastrov (founder of 24 hour fitness) and fitness Veteran Jim Rowley, as ...
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The IAU 24 Hour World Championship is the pinnacle of competition in the 24-hour run. The first IAU Individual Track Championships were held in San Giovanni Lupatoto, Verona, Italy on 22–23 September 2001. [7] The German website DUV lists 160 24-hour races that were scheduled for 2012, a figure that has doubled over the last 10 years.