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Town Sports International Holdings Inc Finalizes Deal To Acquire Fitcorp Clubs In Boston

Friday, 17 May 2013 10:32am EDT 

Town Sports International Holdings Inc (TSI) announced that the previously pending acquisition of Fitcorp has formally closed. The transaction adds five more clubs and four managed sites to TSI's portfolio of 159 clubs in the Northeast and Mid-Atlantic region of the United States, 25 of which operate under the Boston Sports Clubs brand. Fitcorp was established in 1979 in the heart of Boston's financial district. The company's original vision and current mission is to provide companies, institutions and their employees with high quality, state-of-the-art fitness and wellness services. This is accomplished through Fitcorp's outstanding professionals who possess the knowledge, motivation and relationship building skills to deliver the industry's finest service. Fitcorp has developed and managed over 60 onsite centers for large and small companies throughout New England. The Fitcorp fitness centers have over 125 corporate clients who have selected Fitcorp to be their fitness and wellness provider. 

Company Quote

0.62 +13.22%
27 Aug 2014