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United PF Partners, the better Planet Fettle franchisee, has acquired 19 Planet Fettle clubs in the Phoenix market. No banking acceding were disclosed. United PF is backed by JLM Banking Partners and Eagle Merchant Partners.

PRESS RELEASE

AUSTIN, Texas, Sept. 5, 2018 /PRNewswire/ — United PF Partners (United PF), the better Planet Fettle (NYSE : PLNT ) franchisee, completed the accretion of the 19 club Planet Fettle franchisee in the Phoenix market, accretion its operating club calculation to 108 clubs beyond 10 states.

United PF was formed by JLM Banking Partners (JLM) and Eagle Merchant Partners (Eagle) in November 2016 with the alliance of several arch Planet Fettle franchisees.

Founded in 1992 in Dover, N.H., Planet Fettle is one of the better and fastest growing franchisors and operators of fettle clubs with added than 1,600 clubs and over 12 actor members. Planet Fettle prides itself on accouterment a high-quality acquaintance at an aberrant amount and actuality the home of the Judgement Free Zone®, breadth associates acquaintance a hassle-free, non-intimidating environment.In accession to recapitalizing the buying of the Phoenix club group, the investments from United PF will accommodate basic to ammunition club-level improvements and advance through the development of new clubs in these markets. United PF’s assets and calibration will abide to accommodate the befalling for accelerated amoebic advance and avaricious advance in aing geographies.

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