24 Hour Fitness
PE-Owned1 Documented ImpactFiled for bankruptcy in 2020 after years of PE ownership (AEA Investors, Forstmann Little)
6
locations tracked
Timeline
1983
24 Hour Fitness founded
2020CriticalClosure / Bankruptcy
24 Hour Fitness filed for bankruptcy after PE ownership extracted value
After years of PE ownership by AEA Investors and Forstmann Little, 24 Hour Fitness filed for Chapter 11 in 2020. Owners had extracted hundreds of millions through dividends while underinvesting in facilities.
Before vs. After PE Acquisition
Clubs closed
Reported 2020
Before PE
445 clubs
After PE
300 clubs
↓ 33%
Community Reviews
Share your experience →Tracked Locations
CA (2)
San Diego
3221 Main St
San Diego, CA 92101
555-519-9513
San Diego
4865 Main St
San Diego, CA 92101
555-881-7219
IL (1)
Chicago
4112 Main St
Chicago, IL 60601
555-402-9234
IN (1)
Indianapolis
2891 Main St
Indianapolis, IN 46201
555-891-9557
MA (1)
Boston
5209 Main St
Boston, MA 02101
555-427-4157
NC (1)
Raleigh
8478 Main St
Raleigh, NC 27601
555-703-6448