Gold’s Gym announced Monday that it has signed a deal to acquire The Rush Fitness Complex, a regional gym chain that has 23 clubs in Georgia, North Carolina, South Carolina, and Tennessee, including in Oak Ridge.
The deal is officially slated to close in the next month, Gold’s Gym said in a press release Monday.
As part of the agreement, the 23 Rush Fitness clubs will be rebranded under the Gold’s Gym name. The rebranding is expected to be complete by the end of the year. The clubs will remain open throughout the transition, the company said in the press release. All existing memberships will be honored at the new locations, automatically converting to Gold’s Gym memberships without any interruption to current members.
Current members will also be given the option to gain travel privileges to the Gold’s Gym network of more than 700 locations in 38 states and 28 countries, the press release said. [Read more...]