The Bay Club Company, a San Francisco, California-based premier active lifestyle and hospitality company, is to be acquired by global investment firm KKR.
The amount of the deal was not disclosed.
The firm will acquire Bay Club from York Capital Management and minority investors, including JMA Ventures and Roxborough Group.
Founded in 1977 and led by Matthew Stevens, President and CEO, Bay Club operates a collection of active lifestyle campuses, with more than 50,000 members throughout California. The clubs are designed with innovative amenities to support the company’s focus on Fitness, Sports, Family and Hospitality.
The company operates across seven California campuses in the San Francisco, San Jose, Los Angeles and San Diego markets, employing more than 4,000 people.