Trilantic-backed Taymax Group Holdings, LP Acquires Southfit
Trilantic North America-backed Taymax Group Holdings, LP, one of the largest Planet Fitness franchisees, recently acquired the Planet Fitness franchisee group Southfit. The group serves close to 75,000 members and employs a staff of approximately 230 across 14 clubs in the Jacksonville, Florida and southeastern Georgia regions.
This transaction brings Taymax’s footprint to approximately 90 clubs and follows Taymax’s acquisition of MJ Fitness earlier this summer. It also highlights the company’s dedication to partnering with other Planet Fitness franchisees to bring their clubs onto the Taymax platform.
The company was founded in 2009 and has locations across the greater San Antonio, Nashville, Huntsville, Jacksonville, Pittsburgh, Sacramento, Toronto, western Ontario and Ottawa markets. Taymax has been recognized as the Planet Fitness system Developer of the Year twice in the last four years and Franchisee of the Year last year. In 2018, Taymax received a strategic growth investment by private equity firm Trilantic North America to support investments in the Company’s infrastructure, systems and M&A initiatives to drive continued growth.