Rainier Partners acquisition of Omega Fitness

For multi-unit operators looking to scale, working with private equity is an attractive path.

Private equity money has flooded into big-box gyms since the pandemic, but the smart money could be headed to clubs that occupy a smaller physical footprint.

Rainier Partners and its subsidiary Omega Fitness have acquired 21 Anytime Fitness gyms in Wisconsin from MDS Fitness, increasing Omega’s foothold in the Midwest as it expands nationwide.

Anytime Fitness is headed to Dubai, opening its first club in the Middle East hotspot later this year.

Rainier Partners acquires Omega Fitness, a 70-gym Anytime Fitness franchisee.