Ayrfit West acquires assets behind 22 Alberta gyms
Ayrfit West was newly formed to acquire International Fitness Holdings’ assets. The 22 Calgary and Edmonton facilities included GYMVMT, HER GYMVMT, Banker’s Hall Club and ClubFit.
MNP said newly formed Ayrfit West Inc. acquired the assets of International Fitness Holdings Inc., a portfolio company of TriWest Capital Partners. MNP Corporate Finance was International Fitness Holdings’ exclusive financial adviser for structuring and negotiating the transaction.1
International Fitness Holdings operated 22 fitness facilities in Calgary and Edmonton, Alberta, under GYMVMT, HER GYMVMT, Banker’s Hall Club and ClubFit. The facilities offered personal training, group classes, online fitness videos, spin studios and CrossFit studios.1
For trainers, the ownership shift touches a network with personal training and group fitness offerings.1
