Planet Fitness Franchisee PLNTF Holdings on Block

As an illustration, in 2017 Atlantic Road invested an undisclosed quantity in PLNTF, then often known as Planet Match Indy 10 LLC. The agency invested by its $210.5 million third fund, which usually targets corporations with $3 million to $15 million in Ebitda, in accordance with FactSet Analysis Methods Inc.

PLNTF Holdings now has over 80 areas, in accordance with LinkedIn. In 2018, the corporate added 14 Planet Health golf equipment in Alabama and Virginia, boosting its footprint to 29 areas on the time, in accordance with a press launch.

Many corporations, together with PLNTF, have been planning exits across the time Covid hit the US in 2020, however paused plans because of the uncertainty over health club shutdowns. Two years later, that dealmaking is but to get better, although franchisees are gearing up for sales.

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