LA Fitness is a privately-owned American health club chain
LA Fitness was founded in 1984
by its current executive management
team to purchase and operate under performing fitness clubs
. Through the mid-1990
’s, the company grew its club portfolio both by acquiring and turning around existing clubs and by developing, opening and operating newly constructed properties. In 1995
, LA Fitness designed and built a new 45,000-square-foot multipurpose health and fitness club
that has become the company’s signature look. LA Fitness then expanded its in-house development efforts for additional prototype clubs. In 1998
, with 12 proven prototype clubs in Southern California
, the company rapidly increased the rate of new club development and rolled out its concept into several new geographic regions
On May 21, 2007, Madison Dearborn Partners announced that it acquired a 20% stake in L.A. Fitness International, from Seidler Equity Partners, CIVC Partners, and the management of the company for consideration of $600 million.
LA Fitness is known to conduct questionable billing practices. Firstly, they require all cancellations to be done via postal mail. Such cancellations are often misplaced and credit cards will continue to be billed. Even in cases when cancellation has been confirmed via return mail billing has continued.