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Movement Announces Purchase Of Four Summit Gyms In The Dallas/Fort Worth Area

Apr 17, 2023•over 2 years ago

Acquiring Company

Movement Gyms

Acquired Company

Summit Climbing Yoga and Fitness

FitnessSportsFitness

Description

Movement Climbing, Yoga and Fitness, the largest nationwide community of indoor climbing gyms, today announced they have acquired four of Summit Climbing, Yoga and Fitness Gyms' locations in the Dallas-Fort Worth metro area. The newly acquired facilities will build on Movement's existing presence in Dallas and bring world-class rock climbing, bouldering, yoga, and a variety of fitness activities including classes, cardio, and weightlifting to an even larger group of residents.

Company Information

Company

Movement Gyms

About

Movement is the largest nationwide community of indoor climbing gyms. Every Movement facility is committed to growing the climbing community through a shared vision to empower personal transformation and inspire social and environmental impact. Movement gyms feature bouldering, top-roping, and lead climbing, as well as amenities like yoga studios, functional fitness, cardio zones, and climbing gear shops. Each facility caters to participants of all abilities – from competitive athletes to weekend adventurers and families. Learn more at Movement Gyms. Press Contact: Charlotte Bosley443.465.3279https://el-cap.com/ SOURCE Movement Gyms

M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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