This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Gold's Gym Acquires 17 Of 18 Fitness First Health Club Locations In The Washington, D.C. Metro Area

    

DALLAS, June 20, 2013 /PRNewswire/ -- Gold's Gym, the world's leading authority on health and fitness, announced today the acquisition of 17 Fitness First Health Club locations in Maryland, Virginia and Washington, D.C. The deal is officially slated to close in the next week. With 32 locations already in the Washington D.C. metro area, Gold's Gym is now the largest fitness provider in the nation's capital region, with nearly 50 locations in the metro area.

"Gold's Gym strives to help our members realize and achieve their fitness potential, and we're looking forward to continuing the great work that we've done here in D.C. with our new members and associates joining us from Fitness First," said Jim Snow, chief executive officer and president of Gold's Gym. "Now, with close to 50 Gold's Gym locations in the Washington, D.C. area, it is easier than ever for local residents to find a Gold's Gym that's convenient for them. No matter where you are in your fitness journey, we can help you get into the best shape of your life."

As part of the deal, in the coming months all of the Fitness First clubs, except for the location in Bethesda, Maryland, will be rebranded under the Gold's Gym name. All current Fitness First memberships will be honored. Gold's Gym intends to introduce membership options that will allow former Fitness First members access to additional Gold's Gym locations. For current Gold's Gym members, options are also in development that would grant access to former Fitness First locations. Fitness First will continue to own and operate its location in Bethesda, Maryland under the Fitness First brand.

As one of the largest and most respected companies in the fitness industry, Gold's Gym has a strong ownership group with years of award-winning customer service experience. Founded in 1965, the company has more than 47 years of experience delivering life-changing results for its members and is universally perceived as the authority in fitness.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs