Planet Fitness Sells Bravo Fit Franchisee In Australia To Franchise Equity Partners; Financial Terms Undisclosed
Planet Fitness, Inc. (NYSE:PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, and Franchise Equity Partners (FEP), a private
Planet Fitness sold its Australian fitness gym business to another company. When a company sells a business part, it usually means they want to focus on other areas or get cash for other plans.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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