Update: Market Chatter: TPG Exploring Sale of Crunch Fitness for Over $1.5 Billion-August 2024-www.financetom.com

Update: Market Chatter: TPG Exploring Sale of Crunch Fitness for Over $1.5 Billion

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Update: Market Chatter: TPG Exploring Sale of Crunch Fitness for Over $1.5 Billion

Dec 4, 2024 5:35 AM

08:07 AM EST, 12/04/2024 (MT Newswires) -- (Update with TPG's response to a request for comment.)

TPG Inc ( TPG ) is considering a possible sale of Crunch Fitness that could value the gym chain at over $1.5 billion, including debt, Reuters reported Tuesday citing people familiar with the matter.

TPG is working with Jefferies on a sale process that could begin during H1 2025, the sources reportedly told Reuters.

TPG declined to comment to MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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