Mamaroneck, N.Y.-based Topspin Partners has acquired a majority interest in Texas Family Fitness (TFF), an operator of several health and fitness clubs in the Dallas area, from its owner and founder Trevor Rogers. Rogers retains a significant ownership stake in the company, and will remain on the board of directors of the company to provide strategic guidance on the company’s expansion strategy. TFF has locations in Coppell, The Colony, Allen and two each in Frisco and Plano. No transaction price was announced.
“I was looking for the right partner to help accelerate the growth of the business, and due to their knowledge and experience in the fitness industry, Topspin represents exactly that,” Rogers said. “Topspin’s expertise and network will be a tremendous asset for TFF going forward as the company expands.”
TFF’s management team will be led by new CEO Aaron Watkins, was previously president of Gold’s Gym Internaitonal Inc.
“TFF is uniquely positioned in the Dallas market, offering its members high-value, full-service fitness clubs at an attractive price. I am excited about partnering with Topspin and Trevor to continue expanding TFF’s footprint,” said Watkins.
Integrity Square advised TFF’s owner, Rogers, in this transaction.