World Gym International has announced plans to add at least 10 more gyms in Canada by year end 2018. As part of the company expansion plans, World Gym has engaged SRS Canada (“SRS”) as a real estate partner to find sites for both corporate-owned and franchised locations across Canada, with a heavy emphasis on the Greater Toronto Area (“GTA”). “World Gym has built a strong presence in Canada, and the GTA in particular. Each community where we have opened facilities have embraced World Gym and its commitment to seriously fun fitness,” said Guy Cammilleri, Chief Executive Officer...

Thoma Bravo, recently announced it will acquire ABC Financial Services, Inc. (“ABC Financial”), a software and payment processing company servicing more than 6,700 health clubs throughout North America and Europe. The transaction is expected to close in the fourth quarter of 2017, subject to usual and customary closing conditions and regulatory approvals. Financial details of the transaction were not disclosed. ABC Financial is the nation's leading software and billing provider for the health and fitness industry. Its comprehensive software services include payment processing systems and advanced...

Nautilus, Inc. (NYSE: NLS), announced that Octane Fitness and Schwinn have been recognized with eight Best Buy awards from Fitness Professor Review for the 2017-2018 season. Over the past decade, the organization has presented Octane with 56 awards, increasing Octane’s total number of Best Buy designations from various publications since 2003 to 128. “Hop on any Octane machine and you will appreciate why the company has earned more FIT PROF Best Buys than any other single brand,” reviewers summarized. “Our history of awards is a testament to our passion to make the most innovative...