CORAL SPRINGS, Fla,
May 1, 2019 /PRNewswire/
-- Planet Fitness (NYSE: PLNT) is one of the largest
and fastest-growing franchisors and operators of fitness centers in
the United States with more than
12.5 million members and 1,700+ stores in 50 states, the
District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama and Mexico. PF Atlantic
Holdings, one of the fastest growing franchisees in the Planet
Fitness system, doubled its footprint over the past twelve months
and now owns and operates 30 Planet Fitness health clubs in
South Florida, Central California, and New Jersey. To support its expansion plans to
40 clubs over the next twelve months on its way to 70 clubs, PF
Atlantic announces the addition of 4 strategic executives to
support its rapid growth and expansion.
PF Atlantic Holdings has begun to accelerate both de novo and
M&A growth opportunities and is excited to welcome its most
recent hire, Pablo
Arizmendi-Kalb as Senior Vice President of
Operations. Pablo joins PF Atlantic Holdings from his US Regional
Vice President and prior Vice President, General Manager
Latin America roles with
Starbucks. Pablo demonstrates expertise in building and developing
high performance teams as well as growing large, established
business operations. Pablo holds an MBA from the University of California, Berkley and is a graduate
of Lewis & Clark College in
Portland, OR.
The strategic addition of Pablo
Arizmendi-Kalb to the organization rounds out the management
team that had been recently bolstered by 3 other key hires over the
past year:
Seth Grossman
joined PF Atlantic Holdings as its Chief Financial Officer in 2018.
Prior to joining PF Atlantic, he served as the COO and CFO of WORTH
New York, an LCatterton
Partners portfolio company and was the CFO/CSO of publicly traded
radio and television operator, Paxson Communications Corp (c/k/a
ION Television Network). Seth is a graduate of the
University of Michigan and the
Harvard Business School.
Rachel L Bielert, joined PF Atlantic Holdings as
its Director of Construction & Facilities Management in January
of 2019, after building nearly 20 Planet Fitness gyms countrywide
as a project manager for NNI Construction. In addition to building
Planet Fitness clubs, Rachel's 20 years of construction experience,
brings a wealth of knowledge in the areas of project management,
commercial real estate development and property entitlement. Rachel
is a graduate of Purdue University.
Brandyn
Lorenz, joined PF Atlantic Holdings in early
2018 as Director of Real Estate. He has over 11 years of commercial
real estate experience, covering Retail and Office Leasing, Tenant
Representation, and Sales & Acquisitions. Brandyn is a
University of Florida graduate.
"We've been thrilled to welcome Pablo, Seth, Rachel and Brandyn
to the team over the last year and are excited to continue
leveraging the skills and experience of the entire organization to
take our already robust Planet Fitness franchisee platform to the
next level," said David Bidwell, PF
Atlantic Holdings Chief Executive Officer.
About PF Atlantic Holdings
Founded by David Bidwell and Scott
Linsky in 2010, PF Atlantic Holdings partnered with Monogram
Capital Partners in 2017, a Los
Angeles based private equity firm, to support strategic
growth through operational and financial expertise in the coming
years. PF Atlantic Holdings is one of the fastest growing
franchisees in the Planet Fitness system, operating 30 Planet
Fitness health clubs with the rights to continue to develop the
areas of South Florida,
Central California, and
New Jersey.
About Planet Fitness
Founded in 1992 in Dover, NH, Planet Fitness is one of the
largest and fastest-growing franchisors and operators of fitness
centers in the United States by
number of members and locations. As of December 31, 2018, Planet Fitness had more than
12.5 million members and 1,742 stores 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 providing a high-quality fitness experience in a
welcoming, non-intimidating environment, which we call the
Judgement Free Zone®. More than 95% of Planet Fitness stores are
owned and operated by independent business men and women.
Contact
Name: Shannon
Meyers, PF Atlantic Holdings
Phone: 609.622.8229
Email: Shannon.wilber@planetfitnessmiami.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/planet-fitness-franchisee-doubles-growth-300841605.html
SOURCE PF Atlantic Holdings