CapitalSpring-backed Primetime Fitness acquires 10 Crunch Fitness gyms | PE Hub

• CapitalSpring made a growth investment in Primetime Fitness in December 2023
• CapitalSpring targets foodservices and other industry verticals
• CapitalSpring has offices in Nashville, Los Angeles, Atlanta, and New York

Primetime Fitness, which is backed by CapitalSpring, has acquired 10 Crunch Fitness gyms across Tennessee, Ohio, and Kentucky from Fitness Gurus. No financial terms were disclosed.

Primetime Fitness is a Crunch Fitness franchisee.

CapitalSpring made a growth investment in Primetime Fitness in December 2023.

“Kevin has shown an incredible enthusiasm and drive to kick off our partnership by pursuing compelling growth opportunities that strengthen the Primetime Fitness portfolio and also lay the foundation for further geographic expansion,” said Wade Daniel, a partner at CapitalSpring in a statement. “We are incredibly excited to help the team build a long-term leader in the Crunch Fitness system.”

CapitalSpring targets foodservices and other industry verticals. The firm has offices in Nashville, Los Angeles, Atlanta, and New York.