Crunch Fitness Expands With Two New Locations On The West Side

Gym Brand Announces Club Openings in Hoboken & Chelsea

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Feb 18, 2014, 02:00 ET

NEW YORK, Feb. 18, 2014 /PRNewswire/ -- Crunch Fitness announces the continued expansion of their fitness empire with two exciting new locations in Hoboken and on W. 23^rd St. in Manhattan's Chelsea neighborhood. With the opening of these two new clubs, Crunch now has 13 locations throughout the New York Metro area. The gym brand that built their reputation on innovation in the industry is also planning on adding several lower-priced, Essential gyms located in the outer boroughs in the coming months. This rapid expansion is giving more and more people a taste of Crunch's unique approach to making fitness fun.

"Expanding the Crunch footprint to open a second location in Chelsea and our first in Hoboken is really a milestone for us," said Crunch CEO, Keith Worts. "The individual spirit and energy of each neighborhood resonates with the Crunch brand in a special way and we look forward to welcoming an entirely new member base that will definitely respond to the Crunch experience."

Crunch Hoboken was formerly occupied by Club H Fitness and is located at 110 Sinatra Dr. across from Pier A Park, just three blocks away from the Hoboken Terminal – making it a prime location for Manhattan commuters. The club currently has a full schedule of Crunch's signature classes and a team of certified personal trainers. In the coming months, the club will undergo extensive upgrades, including a dedicated ride studio, functional training area and new state-of-the-art cardio and strength equipment. The renovations and new equipment will provide members with a slew of ways to get a sweat on, and have some fun while they do- all in a top-notch facility in the very near future.

Located at 225 West 23^rd St., Crunch W. 23^rd St. swung its doors open for workouts this past Saturday to an updated and revamped 21,000 square foot facility. Previously a David Barton Gym, the club joins Crunch W. 19^th St. as the second location to open in the vibrant Chelsea neighborhood in the past year. The Crunch 23^rd St. is loaded to the brim with a full line of totally brand-new equipment, strength, cardio, functional training, TRX® and more. This location also has a dedicated ride studio, with 30 all new Spinner® Blade ION bikes and a Zen-like yoga studio so new members can get their ride and their "ohm" on in any of Crunch's signature classes. For more information on Crunch 23^rd St., Crunch Hoboken, and any other Crunch club go to www.crunch.com.

Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of No Judgments. Headquartered in New York City, and co-owned by New Evolution Ventures (NeV) and private-equity firm Angelo Gordon, Crunch serves over 300,000 members with 82 gyms worldwide, including 56 franchise locations throughout the country and Australia, and is rapidly expanding across the U.S. and around the globe. Go to www.crunch.com for more information.

About New Evolution Ventures™ (NeV) About New Evolution Ventures™ (NeV) Based in Northern California, New Evolution Ventures (NeV) is a private equity firm focused on the acquisition, development and operations management of fitness, health and wellness interests both domestically and internationally. Founded in 2008 by Mark Mastrov, Jim Rowley and Mike Feeney, the current team of NeV professionals is shaping the world of fitness, health and wellness one brand at a time. With a foundation representing over a century of business experience, NeV currently has operations and investments in more than 20 countries worldwide representing over 800+ facilities. For more information, visit www.nev.com.

Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988, and currently manages approximately $23 billion. The firm's investment focus centers on core competencies of real estate, credit, and private equity. Angelo, Gordon has over 200 employees (approximately half of whom are investment professionals) and is headquartered in New York, with associated offices in Chicago, Los Angeles, Washington D.C., London, Hong Kong, Seoul, Shanghai, Tokyo, and Sydney. For more information, visit www.angelogordon.com.