Sentinel Capital Partners, a private equity firm that invests in promising mid-market companies, has acquired Bandon Holdings, the largest franchisee in the Anytime Fitness family.
Terms of the deal have not been disclosed.
Based in Austin, Texas, Bandon operates 213 Anytime Fitness clubs and has more than 140,000 members. Bandon’s strategy has traditionally focused on owning and operating clubs in small suburban and rural markets with limited fitness club options. Bandon’s clubs are well maintained and feature high-quality equipment and personal training services, offering a friendly, convenient fitness solution to local communities in 24 states.
