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LA Fitness
Fitness International LLC is an American gym chain based in Irvine, California. The company was founded in 1984, with nearly 700 clubs across the United States and Canada.
In 1984, the first LA Fitness was founded by founder Chinyol Yi and Louis Welch in Covina, California. The company expanded over the next 10 years by acquiring other gyms in Southern California. In 1995, it introduced a modernized 45,000-square-foot club concept. By 1998, LA Fitness had 36 clubs in California, Arizona, and Florida. The new concept cost $6 million to build, adding full-court basketball, lap pools, racquetball, saunas, and steam rooms to its offerings. The company received additional funding from Peter Seidler to continue expanding this new concept. Additional funding was later provided by CIVIC Partners.
LA Fitness entered the Atlanta market in June 2000, when it purchased the 22-club chain Australian Body Works. All locations were converted to the LA Fitness brand.
In 2007, the company expanded outside of the United States by acquiring seven fitness clubs in Toronto, Ontario, Canada. The chain opened its first location in Wisconsin in March 2007. In May, Madison Dearborn Partners acquired a 20 percent stake in LA Fitness for $600 million. By August 2008, there were more than 250 locations nationwide.
In 2010, the company acquired 11 locations in Phoenix from Pure Fitness Arizona. One location in Tempe was closed. By 2010, LA Fitness had expanded to over 340 locations. It generated $1 billion in revenue for the year.
On November 30, 2011, the company significantly expanded its portfolio by acquiring 171 clubs for $153M, from Bally Total Fitness. LA Fitness took over operations for all clubs in Arizona, California, Florida, Georgia, Illinois, Indiana, Maryland, Michigan, Minnesota, Oregon, Pennsylvania, Washington, and the District of Columbia. Additional locations included Massachusetts, New Jersey, New York and Virginia.
In June 2012, the company agreed to acquire all 33 Lifestyle Family Fitness Clubs in Florida. The transaction was completed in July and one location was closed. In October 2012, LA Fitness acquired 36 Urban Active clubs in multiple states. By the end of the year, the company had 14 locations in Ontario, Canada.
In October 2012, Fitness International LLC launched its City Sports Club brand exclusively in Northern California. The first locations opened in San Jose as rebranded LA Fitness facilities. A Fremont location was opened in April 2013. The company has continued to expand in the region, opening its first Sacramento location in 2021.
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LA Fitness
Fitness International LLC is an American gym chain based in Irvine, California. The company was founded in 1984, with nearly 700 clubs across the United States and Canada.
In 1984, the first LA Fitness was founded by founder Chinyol Yi and Louis Welch in Covina, California. The company expanded over the next 10 years by acquiring other gyms in Southern California. In 1995, it introduced a modernized 45,000-square-foot club concept. By 1998, LA Fitness had 36 clubs in California, Arizona, and Florida. The new concept cost $6 million to build, adding full-court basketball, lap pools, racquetball, saunas, and steam rooms to its offerings. The company received additional funding from Peter Seidler to continue expanding this new concept. Additional funding was later provided by CIVIC Partners.
LA Fitness entered the Atlanta market in June 2000, when it purchased the 22-club chain Australian Body Works. All locations were converted to the LA Fitness brand.
In 2007, the company expanded outside of the United States by acquiring seven fitness clubs in Toronto, Ontario, Canada. The chain opened its first location in Wisconsin in March 2007. In May, Madison Dearborn Partners acquired a 20 percent stake in LA Fitness for $600 million. By August 2008, there were more than 250 locations nationwide.
In 2010, the company acquired 11 locations in Phoenix from Pure Fitness Arizona. One location in Tempe was closed. By 2010, LA Fitness had expanded to over 340 locations. It generated $1 billion in revenue for the year.
On November 30, 2011, the company significantly expanded its portfolio by acquiring 171 clubs for $153M, from Bally Total Fitness. LA Fitness took over operations for all clubs in Arizona, California, Florida, Georgia, Illinois, Indiana, Maryland, Michigan, Minnesota, Oregon, Pennsylvania, Washington, and the District of Columbia. Additional locations included Massachusetts, New Jersey, New York and Virginia.
In June 2012, the company agreed to acquire all 33 Lifestyle Family Fitness Clubs in Florida. The transaction was completed in July and one location was closed. In October 2012, LA Fitness acquired 36 Urban Active clubs in multiple states. By the end of the year, the company had 14 locations in Ontario, Canada.
In October 2012, Fitness International LLC launched its City Sports Club brand exclusively in Northern California. The first locations opened in San Jose as rebranded LA Fitness facilities. A Fremont location was opened in April 2013. The company has continued to expand in the region, opening its first Sacramento location in 2021.
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