HealthFitness brings combined strengths of two industry leaders to the corporate fitness market
LAKE FOREST, Ill.--(BUSINESS WIRE)--HealthFitness, a Trustmark company and comprehensive provider of fitness, wellness, and injury prevention programs, is pleased to announce it has acquired Corporate Fitness Works, an industry leader in delivering custom onsite and virtual fitness management solutions.
Corporate Fitness Works (CFW) manages 70 corporate fitness centers across 23 states, offering a wide variety of in-person and virtual services. Following the transaction, HealthFitness will serve over 200 clients at more than 360 sites nationwide.
"We have admired and respected Corporate Fitness Works as a strong competitor for many years," said HealthFitness President Sean McManamy. "This brings together two industry leaders with strong capabilities, a wealth of experience and talent, and a shared commitment to offer innovative solutions to clients and build community and connection among members."
Trustmark CEO Kevin Slawin noted that the acquisition advances Trustmark's overall growth strategy. "In HealthFitness, we continue to execute our strategy to grow both organically and inorganically," he said. "This is a great fit, from both cultural and business perspectives. We're very excited about the broader range of services we'll bring to the market through this combination."
HealthFitness acquired Corporate Fitness Works from co-owners Beth and Michael Vivio, "We are pleased to have CFW join HealthFitness," said Beth Vivio. "CFW has roots dating back over 36 years, and the combination of CFW and HealthFitness ensures a bright future for what we've helped build, one that aligns with our mission to serve the unique needs of working populations."
"Our choice to sell Corporate Fitness Works to HealthFitness is a direct result of the company culture and reputation they enjoy," added Michael Vivio, CEO of CFW. "Our employees will be in good hands."
The purchase of Corporate Fitness Works follows two prior acquisitions by HealthFitness: the 2021 acquisition of Midtown Health and the addition of Professional Fitness Management, LLC (ProFIT) earlier this year.
"I'm pleased to welcome our newest associates from Corporate Fitness Works," said McManamy. "In addition, CFW clients can expect a seamless transition, with continued support from people they know and trust, now backed by the additional resources of HealthFitness."
About HealthFitness
HealthFitness, a Trustmark company, builds and manages comprehensive fitness solutions for leading companies and organizations. With a holistic approach that extends beyond fitness, HealthFitness is a proven leader in engaging and connecting people both on-site and online, to create a strong community of health. Parent company Trustmark provides a full spectrum of employee benefits to improve wellbeing through better health and greater financial security. For more information on HealthFitness, visit .
Contacts
bgosman@trustmarkbenefits.com
