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United PF Partners, the better Planet Fettle franchisee, has acquired 19 Planet Fettle clubs in the Phoenix market. No banking acceding were disclosed. United PF is backed by JLM Banking Partners and Eagle Merchant Partners.

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PRESS RELEASE

AUSTIN, Texas, Sept. 5, 2018 /PRNewswire/ — United PF Partners (United PF), the better Planet Fettle (NYSE : PLNT ) franchisee, completed the accretion of the 19 club Planet Fettle franchisee in the Phoenix market, accretion its operating club calculation to 108 clubs beyond 10 states.

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United PF was formed by JLM Banking Partners (JLM) and Eagle Merchant Partners (Eagle) in November 2016 with the alliance of several arch Planet Fettle franchisees.

Founded in 1992 in Dover, N.H., Planet Fettle is one of the better and fastest growing franchisors and operators of fettle clubs with added than 1,600 clubs and over 12 actor members. Planet Fettle prides itself on accouterment a high-quality acquaintance at an aberrant amount and actuality the home of the Judgement Free Zone®, breadth associates acquaintance a hassle-free, non-intimidating environment.In accession to recapitalizing the buying of the Phoenix club group, the investments from United PF will accommodate basic to ammunition club-level improvements and advance through the development of new clubs in these markets. United PF’s assets and calibration will abide to accommodate the befalling for accelerated amoebic advance and avaricious advance in aing geographies.

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“We accept accepted and admired the Phoenix accumulation for several years and the United PF aggregation is captivated to acceptable the Phoenix clubs to our growing enterprise,” said Trey Owen, CEO, United PF. “This fast-growing accumulation and high-performing aggregation will fit accurately with our absolute ancestors of clubs, furthering our adeptness to allotment best practices and advantage calibration beyond all of our clubs.”

United PF is a growth-oriented franchisee with cogent allowance for new club amplification beneath its breadth development agreements. This partnership, led by Owen, brings a abyss of fettle and multi-unit industry acquaintance to the administration aggregation and the board. The board, which includes associates of JLM and Eagle, possesses abysmal multi-unit authorization and development experience.

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How to fill form 15 for pf withdrawal in hindi – YouTube – pf form 19 | pf form 19

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Financing for United PF was accordingly led by Goldman Sachs Specialty Lending Accumulation and AB Clandestine Credit Investors, co-agents and co-lead arrangers, and Antares, co-lead arranger.

About United PF PartnersUnited PF Partners is the better Planet Fettle authorization accumulation with 108 locations beyond Alabama, Arizona, Kansas, Louisiana, Mississippi, Missouri, Oklahoma, Pennsylvania, Texas, and West Virginia. United PF has development rights to body new clubs beyond the Midwest, South, Mid-Atlantic, and Southwest regions.

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About Planet FitnessFounded in 1992 in Dover, NH, Planet Fettle is one of the better and fastest-growing franchisors and operators of fettle centers in the United States by cardinal of associates and locations. As of June 30, 2018, Planet Fettle had about 12.1 actor associates and 1,608 food in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, and Mexico. The Company’s mission is to enhance people’s lives by accouterment a high-quality fettle acquaintance in a welcoming, non-intimidating environment, which we alarm the Judgement Free Zone®. Added than 95% of Planet Fettle food are endemic and operated by absolute business men and women.

About JLM Banking PartnersJLM Banking Partners, an associate of JLM Banking Investments founded by Larry Meyer, is a clandestine advance close based in Austin, Texas that endemic 25 Planet Fettle clubs with a ample breadth development acceding which are now allotment of United PF Partners. JLM additionally owns and manages assets and investments in healthcare and absolute estate. For added information, appointment http://www.jlmfinancialpartners.com.

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About Eagle Merchant PartnersEagle Merchant Partners is an Atlanta, Georgia based clandestine disinterestedness close focused on lower average bazaar companies in the multi-unit consumer, acumen and automated sectors in the Southeastern United States. The affiliation is one of the best accomplished clandestine disinterestedness investors in the region, advance in seventeen companies with added than $1.5 billion in revenues. For added information, visit: www.eaglemerchantpartners.com.

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