HGGC-backed Grand Fitness Partners picks up eight Planet Fitness locations from PCV

PCV Holding Co has been a Planet Fitness franchisee since 2011.

  • As part of the transaction, the owners of PCV have rolled a portion of their proceeds into Grand Fitness and hold a minority stake in the business
  • Founded in 2010 by David Bidwell and Scott Linsky, Grand Fitness Partners is a Planet Fitness franchisee
  • Based in Palo Alto, California, HGGC invests in technology, business services, financial services and consumer enterprises

Grand Fitness Partners, which is backed by HGGC, has acquired eight Planet Fitness locations in California from PCV Holding Co.

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