On the Record · Planet Fitness
Planet Fitness acquisitions, on the record
The businesses Planet Fitness bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
four stores operating in Florida (the Florida Acquisition)Word for word“On April 16, 2023, the Company purchased from one of its franchisees a majority of the assets associated with four stores operating in Florida (the “Florida Acquisition”) for approximately $26.3 million in cash consideration.” 10-K for 2023 | agreed acquisition | On April 16, 2023 | approximately $26.3 million in cash consideration |
five stores acquired from a franchisee in connection with a legal settlement (contributed to Planet Fitmex, LLC)Word for word“During the remainder of 2023, the Company invested an additional $25.6 million in the form of cash and received $17.0 million worth of equity interests for the contribution of five stores that were acquired from a franchisee in October 2023 in connection with a legal settlement.” 10-K for 2023 | acquisition | October 2023 | $17.0 million worth of equity interests |
Sunshine FitnessWord for word“On February 10, 2022, the Company and Pla-Fit Holdings acquired 100% of the equity interests of franchisee Sunshine Fitness, which operated 114 locations in Alabama, Florida, Georgia, North Carolina, and South Carolina (the “Sunshine Acquisition”).” 10-K for 2023 | acquisition | On February 10, 2022 | — |
six Colorado corporate-owned storesWord for word“Partially offsetting these increases was a reduction of $6.2 million related to the sale of six Colorado corporate-owned stores in 2022.” 10-K for 2023 | divestiture | in 2022 | — |
four clubs operating in Florida (the "Florida Acquisition")Word for word“On April 16, 2023, the Company purchased from one of its franchisees a majority of the assets associated with four clubs operating in Florida (the “Florida Acquisition”) for approximately $26.3 million in cash consideration.” 10-K for 2024 | acquisition | On April 16, 2023 | approximately $26.3 million in cash consideration |
five clubs acquired from a franchiseeWord for word“During the remainder of 2023, the Company invested an additional $25.6 million in the form of cash and received $17.0 million worth of equity interests for the contribution of five clubs that were acquired from a franchisee in October 2023 in connection with a legal settlement.” 10-K for 2024 | acquisition | October 2023 | $17.0 million worth of equity interests for the contribution of five clubs |
Clubs sold to franchisees (corporate-owned clubs)Word for word“Clubs sold to franchisees — (5) Clubs acquired from franchisees — 9 Clubs operated at end of period 277 256” 10-K for 2024 | divestiture | — | — |
Florida Acquisition: majority of the assets associated with four franchisee clubs operating in FloridaWord for word“On April 16, 2023, the Company purchased from one of its franchisees a majority of the assets associated with four franchisee clubs operating in Florida (the “Florida Acquisition”) for cash consideration of $ 26.3 million .” 10-K for 2025 | acquisition | On April 16, 2023 | $ 26.3 million |
8 corporate-owned clubs located in CaliforniaWord for word“On August 19, 2025, the Company sold 8 corporate-owned clubs located in California to a franchisee for $ 21.6 million.” 10-K for 2025 | divestiture | On August 19, 2025 | $ 21.6 million |
two clubs in SpainWord for word“In December 2025, the Company’s operating entity in Spain completed an immaterial acquisition of two clubs.” 10-K for 2025 | acquisition | In December 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | — | — |
| 2017-12-31 | $0 | — | $0 |
| 2018-12-31 | $45.8 million | — | $22.5 million |
| 2019-12-31 | $52.6 million | — | $28.3 million |
| 2020-12-31 | $0 | $0 | $0 |
| 2021-12-31 | $1.9 million | $0 | $748,000 |
| 2022-12-31 | $424.9 million | $20.8 million | $488.5 million |
| 2023-12-31 | $43.3 million | $0 | $14.8 million |
| 2024-12-31 | $0 | $0 | $3.2 million |
| 2025-12-31 | — | $21.6 million | $1.9 million |
Deal filings since 2016
- 2025-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-11-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Planet Fitness’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.