a:10:{s:2:"id";s:3:"100";s:12:"cms_headline";s:14:"Planet Fitness";s:7:"content";s:2347:"<h2>Company Summary</h2>

<p><span class="ContentPaneDiv"><span class="ContentPaneDiv1">PF Growth Partners (&quot;PFGP&quot;), through its affiliates, operates 28 fitness clubs in Maryland, Tennessee and Florida (as of Oct 31, 2014) as a franchisee of Planet Fitness&reg; and has area development agreements (&quot;ADA&#39;s&quot;) to open up to 61 Planet Fitness&reg; clubs in those same States. PFGP was founded in 2008 by Victor and Lynne Brick and has its head office in Timonium, MD, located just outside of Baltimore, MD where it employs over 20 people. PFGP has grown to become one of the top 3 largest non-corporate affiliated franchisees in the Planet Fitness&reg; system and were recently awarded (out of over 190 franchisees and over 850 Planet Fitness&reg; clubs) the 2013 Franchisee of the Year, 2014 Developer of the Year for opening the most clubs in a single year and the 2014 Brand Excellence Review winner for having the highest rated clubs in the company according to club inspections conducted by Planet Fitness&reg; Corporate. The Bricks and their management team are well-respected operators in the fitness industry and have over 30 years of experience as owner/operators of fitness clubs on an individual basis. Victor Brick recognized the need for an affordable, comfortable workout solution for the average individual. Most estimates have it that only 15% of the American population currently belongs to a health club. According to Mr. Brick, Planet Fitness&reg; is the only health club model that addresses all the fears of a prospective, uninitiated gym user, which makes up the other 85% of the American population. PFGP has a very repeatable, predictable and scalable business model and intends to open 10 to 12 additional clubs in 2015 and currently employs over 450 individuals company wide.</span></span></p>

<table class="borderless">
	<tbody>
		<tr>
			<td>Industry:</td>
			<td>Consumer Discretionary: Health and Fitness Clubs</td>
		</tr>
		<tr>
			<td>Capital Invested:</td>
			<td>US$35.00 million</td>
		</tr>
		<tr>
			<td>Annualized Distribution to Alaris:</td>
			<td>
			<div>US$5.25 million</div>
			</td>
		</tr>
		<tr>
			<td>Website:</td>
			<td>
			<div>N/A</div>
			</td>
		</tr>
		<tr>
			<td>Partner Since:</td>
			<td>November 2014</td>
		</tr>
	</tbody>
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