Largest Private Fitness Provider Nationally Moves to Jersey Shore & Acquires Both Locations of The Atlantic Club
Genesis Health Clubs, the largest privately owned fitness provider in the nation, acquired both locations of The Atlantic Club, in Manasquan and Red Bank New Jersey, effective 1/25/24. The clubs will now be known as Genesis Health Clubs – The Atlantic Club Manasquan and Genesis Health Clubs – The Atlantic Club Red Bank, respectively. The clubs are the first in both New Jersey and the Northeastern USA for Genesis, bringing its total club count to 68.
(Manasquan, NJ, January 25th, 2024) – Genesis Health Clubs announced the acquisition of both locations of The Atlantic Club, effective immediately. The clubs, now known as Genesis Health Clubs – The Atlantic Club Manasquan, and Genesis Health Clubs – The Atlantic Club Red Bank, represent the 67th and 68th clubs in the ever-growing Genesis portfolio and the first in New Jersey and the Northeastern United States.
Genesis Health Clubs Owner and President Rodney Steven II commented on the acquisition: “To say we’re excited about acquiring The Atlantic Club would be an understatement. There aren’t many clubs in the entire nation with as much history,success and impact on people’s lives. We’re excited to be able to jump into something that’s already working so well, and re-invest in it and help them keep doing what they’re doing.”
Kevin McHugh, previously President and COO of The Atlantic Club, has accepted a management role, overseeing the clubs along with his leadership team and staff across both campuses. McHugh commented: “We’re excited to be able to continue providing everyone the same great product they’ve enjoyed for years, and also to become a part of a fitness leader like Genesis that will support the growth of all of our businesses and willingness to reinvest into both campuses future growth.
Steven continued, expanding on McHugh’s sentiments, “We plan to welcome the staff into the Genesis family and bring them 401k plans, health insurance, and a lot of the benefits that can be hard to come by in the industry sometimes. Staff is family at Genesis and they’re about to join a great one. As for the members, this is such an exciting time for them. They’ll continue with the same great programming they are currently providing and we will also be reinvesting in both these outstanding fitness facilities. We’ve got big plans for the region now and in the future, and we can’t wait to share more soon!”
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