Forstmann Little sells 24 Hour Fitness Worldwide

Forstmann Little & Co has sold 24 Hour Fitness Worldwide. An investment group led by AEA Investors LP and the Ontario Teachers’ Pension Plan has acquired the business. Headquartered in San Ramon, CA, 24 Hour Fitness is a health club serving nearly four million members and employing 21,000 fitness professionals in over 400 clubs across the United States.

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