Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
How Private Equity Is Buying Up Gyms and Fitness Centers
Private equity has already consolidated veterinary clinics, dental practices, and car washes. Now it's quietly moving into the fitness industry, buying up independent gyms and boutique studios. In this episode, Lucas and Luna explore the economics behind the roll-up of fitness assets, from the appeal of recurring membership revenue to the operational challenges of running a gym. They break down the key players, the typical deal structure, and what it means for gym owners and members. With specific examples and a look at the current state of the market as of August 2026, this episode…
The skinny
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