Private-equity firm TPG is acquiring Crunch Fitness through its growth-equity unit. The storied gym chain is getting a new owner roughly 10 years after it received an investment from Angelo, Gordon & Co. Terms of the deal weren't disclosed. Started in New York’s East Village in 1989, Crunch owns and operates more than 300 fitness centers...

Source: Wall Street Journal July 01, 2019 11:02 UTC