CAMP HILL, Pa., October 13, 2021 (Globe Newswire) — Right now, Nationwide Health Companions (NFP), a portfolio firm of Argonne Capital Group, LLC (Argonne), an Atlanta-based non-public funding agency, made a significant announcement. 100 as its achievement of the corporate . prepares to have funth Planet Health Membership is launching this November and lately acquired seven new membership areas, increasing the group’s footprint alongside the East Coast.

NFP K100th Planet Health Membership might be positioned at 3317 Aramingo Avenue within the densely populated Aramingo borough of Philadelphia. The brand new 20,600-square-foot facility can have 106 cardio and power coaching tools, a 360 machine, three hydromassage beds and 6 tanning beds that can provide hybrid tanning. Recognized for its Judgment Free Zone – like all Planet Health areas And Inexpensive Costs – The Aramingo Avenue Membership will embody free health coaching, pleasant employees, and clear, spacious exercise areas. Opening in mid-November, the ability might be open and staffed 24 hours a day, seven days per week. These wishing to develop into a member can be part of now for simply $1 down after which $10 per thirty days with no dedication till November 16, 2021.

NFP additionally right now introduced the acquisition of seven Planet Health golf equipment, increasing its rising portfolio in Maryland, Washington DC, Virginia and West Virginia.

“This transaction represents the eighth acquisition for NFP, which now operates 107 Planet Health golf equipment in eight totally different states, together with Pennsylvania, Ohio, Delaware, Maryland, Virginia, West Virginia, North Carolina and South Carolina,” mentioned Stephen Kindler Jr. mentioned. and CEO of Nationwide Health Companions. “We’re assured with the long-term development of the Planet Health model, as encouraging subscription and utilization tendencies level in the direction of a profitable re-emergence from the COVID-19 pandemic. This vital acquisition suits completely into our long-term strategic plan by increasing our attain into necessary new markets and reinforcing our efforts to make sure extra individuals have entry to reasonably priced health choices, as we consider common train in bodily health , performs a necessary position in enhancing psychological capability. and the emotional well-being of our members.”

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About Nationwide Well being Companions
Nationwide Health Companions is a non-public fairness with Planet Health franchise based mostly in Camp Hill, Pa. Nationwide Health Companions owns and operates 107 Planet Health areas in Pennsylvania, Ohio, Delaware, Maryland, Virginia, West Virginia, North Carolina and South Carolina. Nationwide Health Companions is without doubt one of the largest franchise organizations throughout the Planet Health system and has unique rights to develop 37 areas over the following 5 years. Nationwide Health Companions is backed by Argonne Capital, a non-public fairness agency based mostly in Atlanta that focuses on franchise-based mid-market investments.

about planetary well being
Based in 1992 in Dover, NH, Planet Health is without doubt one of the largest and quickest rising franchisors and health heart operators in the US by variety of members and areas. As of June 30, 2021, Planet Health had greater than 14.8 million members and a pair of,170 shops in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico and Australia. The corporate’s mission is to enhance individuals’s lives by offering a top quality health expertise in a welcoming, non-intimidating atmosphere that we name Judgment Free Zone®. Greater than 95% of Planet Health shops are owned and operated by impartial businessmen and girls.

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