VillaSport Athletic Club and Spa, based in San Rafael, CA, announced its acquisition of Axiom Fitness, a four-club fitness chain in Boise, ID. VillaSport has initiated a major expansion effort and continues to seek new locations in the greater Boise area and in its existing markets.
“We are excited about expanding to a new market and growing our community and presence in Idaho. This acquisition complements our plan to build full-size VillaSport clubs in Treasure Valley and broaden our offerings and services,” said Billy Malkovich, president, VillaSport.
Once part of the Gold’s Gym brand, Axiom Fitness has four locations in Treasure Valley, ID—Parkcenter, Fairview, Meridian, and The Village—offering complete exercise opportunities. The Axiom acquisition with VillaSport’s current portfolio of seven locations brings 11 clubs across five states.
“It’s an exciting time here at VillaSport. We have an aggressive growth plan through both acquisition and greenfield development. If there are similar opportunities in other markets, we are open to hearing about them. While the large format, family-focused VillaSport model is our foundation, the smaller fitness-focused model allows more accessibility in current and new markets. The Axiom project affords new possibilities for VillaSport, and having a mixed portfolio of large and mid-size clubs is our goal,” said Joe Syufy, CEO, VillaSport.
VillaSport is a family-owned business with seven locations in Beaverton, OR; Colorado Springs, CO; Katy, Cypress, and The Woodlands, TX; and San Jose and Roseville, CA.