Did La Fitness Sell To Esporta?
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It’s been rumoured for a while that La Fitness might be selling up to Esporta. But what does this mean for members, and is it true? We take a look at the rumours and what they could mean for the future of La Fitness.
What is La Fitness?
La Fitness is a chain of fitness clubs in the United States, Canada and Puerto Rico. The company has over 700 locations.
The company was founded in 1984 and is headquartered in Carlsbad, California. It is a privately held company.
La Fitness was founded by Louis Welsh and Chin Yi. Welsh was the CEO of the company until 2013, when he stepped down and was replaced by Anthony Udo Sweeney.
In 2015, La Fitness announced that it had agreed to sell itself to Esporta, a British chain of fitness clubs, for $1.8 billion.
What is Esporta?
Esporta is a fitness company that operates health and fitness clubs in the United Kingdom. The company was founded in 1987 and is headquartered in Leeds, England. As of March 2017, Esporta operated 53 clubs across the UK.
In September 2016, it was announced that Esporta was being sold to Phoenix Equity Partners for £227 million. The sale was completed in December 2016.
Why would La Fitness sell to Esporta?
It is still unclear why La Fitness would sell to Esporta. Some possible explanations could be that La Fitness was struggling to keep up with its competitors and saw this as a way to ensure its longevity, or that La Fitness wanted to tap into Esporta’s larger customer base. However, these are just speculation at this point. Only time will tell what the actual reason for the sale was.
What does this mean for La Fitness members?
It is currently unclear what this means for La Fitness members. La Fitness has not released a statement yet, and it is unknown if there will be any changes to membership or services. Stay tuned for more updates as this story develops.
What does this mean for Esporta members?
This acquisition will have no impact on Esporta memberships or operations. Esporta remains committed to providing the highest quality fitness and wellness experience to our valued members.
How can I cancel my La Fitness membership?
If you wish to cancel your La Fitness membership, you can do so by contacting customer service or visiting your local club. You may be required to provide a reason for cancelling, and you may be charged a cancellation fee.
How can I join Esporta?
Currently, the only way to join Esporta is to purchase a membership through their website. You can also find membership information and sign up for classes through the Esporta app.
