Revo Fitness acquires all Crunch Fitness locations in Victoria
Revo Fitness has acquired the eight Crunch Fitness gym locations in Victoria as part of their national expansion strategy to establish 100 locations nationwide by 2027.
Revo Fitness, led by Andrew Holder, was founded with the opening of a single gym in Shenton Park, Western Australia (WA) in 2012. Following the completion of this transaction, Revo Fitness has grown to 65 locations across WA, New South Wales, Victoria and South Australia and is on track to have more than 85 locations by the end of 2026.
This acquisition will see Revo Fitness open locations in Hoppers Crossing, Epping, Highpoint, Richmond, Mentone, Chadstone, Nunawading and Springvale. The new locations will be rebranded in the coming months and will undergo complete refurbishments as part of the transition.
Revo Fitness engaged BDO’s deal advisory team to support on the transaction with financial due diligence on Crunch Fitness, led by Deal Advisory Partner, Byron Watson.