Hggc-backed grand fitness partners expands california presence with acquisition of eight planet fitness locations

Toms river, n.j.--(business wire)--grand fitness partners, one of the largest franchisees within the planet fitness system and backed by middle market private equity firm hggc, today announced that it has completed the acquisition of eight planet fitness locations in california from pcv holding co. llc, a top-tier planet fitness franchisee since 2011. as part of the transaction, the owners of pcv have rolled a portion of their proceeds into grand fitness and hold a minority stake in the busines.
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