Good Life Fitness Clubs today announced that the company
has acquired the majority of the Sports Clubs of Canada
and Bally Total Fitness Canadian operations with the purchase
of the assets of 10 clubs, all located in the GTA. The addition
of the 10 clubs will bring GoodLife's total across Canada
to 139 clubs, solidifying GoodLife's position as the largest
fitness provider in Canada. The transactions are subject
to customary closing conditions including lease negotiations.
has acquired the majority of the Sports Clubs of Canada
and Bally Total Fitness Canadian operations with the purchase
of the assets of 10 clubs, all located in the GTA. The addition
of the 10 clubs will bring GoodLife's total across Canada
to 139 clubs, solidifying GoodLife's position as the largest
fitness provider in Canada. The transactions are subject
to customary closing conditions including lease negotiations.
The addition of the Bally clubs will not change our primary
commitment which is to the health and well-being of our
members and our pledge to make Canadians the fittest population
on the planet, said David Patchell-Evans, CEO and founder
of Good Life Fitness." Our goal will be to continue the service
provided to Bally and Sports Clubs members but with our
own unique Good Life branding, core values and a staff passionate
about fitness."
London-based Good Life Fitness is the leading owner and operator
of fitness clubs in Canada. GoodLife is a privately held
company ranking GoodLife in the top 10 for size and revenue
growth in the world(1). GoodLife will have 151 locations
by December 2007.