Taymax Group Holdings LP, a Planet Fitness franchisee backed by Trilantic North America, has acquired Saber Fitness, an operator of Planet Fitness clubs with 27 locations and future development rights throughout California.
Founded in 2013, Saber’s Planet Fitness locations span the greater Los Angeles, Inland Empire, San Jose and East Bay regions of California with a staff of 425 employees. The acquisition works as an extension of Taymax’s existing operations in the greater Sacramento area and also looks to establish the company’s presence in new territories. With Saber, Taymax now employs over 2,800 team members.
North Point Mergers & Acquisitions acted as financial advisor to Saber Fitness on the transaction and Lathrop GPM served as its legal advisor. Kirkland & Ellis LLP provided legal counsel and Lathrop GPM acted as franchise counsel to Taymax.