Karl Sanft serves as president and CEO Mastrov founded 24 Hour Fitness, growing it from a single location to 420 clubs and 4.5 million members, before selling the company in 2005 Mastrov led the ... 24 Hour Fitness founder Mark Mastrov and private equity firm LongRange Capital have agreed to buy the gym chain he founded and sold more than 20 years ago. Why it matters: The fitness industry — which ...

Understanding the Context

PE Hub: LongRange sees bright future for 24 Hour Fitness chain after covid challenges The first time Bob Berlin, founder and managing partner of LongRange Capital, considered acquiring 24 Hour Fitness was over a decade ago. Berlin was then managing director at The Baupost Group, and ... LongRange sees bright future for 24 Hour Fitness chain after covid challenges