Zumba Fitness Announces Strategic Partnership With Top Media and Technology Firms
MIAMI, March 8, 2012 /PRNewswire/ -- Zumba Fitness, the global multimedia fitness leader and creator of the acclaimed Zumba dance-fitness party workout, announced today that The Raine Group and Insight Venture Partners made a minority investment in the company. The strategic partnership will further grow and optimize the company's digital and media footprint, generating even more mass awareness for the global brand. The partnership will bring new benefits to all members of the Zumba community including class participants, instructors, fitness facilities and the health and fitness industry.
"This strategic partnership will allow us to unlock the potential of our brand for years to come," said Alberto Perlman, CEO of Zumba Fitness.
The Weight Race Unleashes an Exciting New Spin on Weight Loss
RANCHO SANTA MARGARITA, Calif., Feb. 27, 2012 /PRNewswire-iReach/ -- Weight loss is a common goal, and websites developed to assist individuals in their weight loss efforts have popped up since the Internet first became a household commodity.
Bally Total Fitness to Sell 39 Fitness Clubs to Blast Fitness
CHICAGO, April 10, 2012 /PRNewswire/ -- Bally Total Fitness Holding Corporation announced today that it has entered into a definitive asset purchase agreement with Blast Fitness Acquisition, LLC, an affiliate of Blast Fitness Group, LLC, pursuant to which Bally and certain of its subsidiaries will sell 39 fitness clubs for consideration including the assumption of certain liabilities and cash. The clubs to be acquired by Blast are located in the following local markets: Boston, MA; Buffalo, NY; Charlotte, NC; Fresno, CA; Milwaukee, WI; Providence, RI; St.