On the record · Other
Gold's Gym
Iconic gym chain filed for bankruptcy in 2020 after years of PE ownership (TRT Holdings). Acquired out of bankruptcy by RSG Group for $100M
Also known as Gold's Gym International
Research depth
Outcomes researched
Reviewed operating findings or a classified operating outcome are available.
Record updated Sept. 4, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
What happened under and after ownership
Operating outcome
Operating through distress or restructuring
Corporate parent GGI Holdings filed Chapter 11 in May 2020; nearly 700 franchised gyms worldwide were unaffected by the filing.
RSG Group bought Gold's Gym for $100 million at auction in July 2020 and operates it today, with about 600 locations on six continents.
- Founded
- 1965
- Peak headcount
- 4,600
- Sponsor at closure
- TRT Holdings, Inc.
- TheStreet · franchise gyms unaffected by the corporate filing
- RSG Group · RSG Group acquisition and current global footprint
- Wikipedia · Gold's Gym was founded August 25, 1965 in Venice Beach, California by Joe Gold; TRT Holdings (which bought Gold's Gym in 2004 for $150 million) owned GGI Holdin
- PYMNTS · court papers filed with the May 2020 bankruptcy noted the company had furloughed most of its 4,600 employees amid the COVID-19 shutdown
What we do not know
These are gaps in the public record, not findings about the organization.
- No current public ownership assessment has been published.
Help improve this record
Firsthand experience, public sources and corrections can help close the gaps above.