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Monday
Jun302014

The Bay Club Company purchased

The Bay Club Company has been acquired by York Capital Management, with a minor investment by JMA Ventures it was announced recently.

With the deal the number of employee owners will almost triple to about 120. 

The Bay Club was founded in 1977 and was considered one of the first urban sports resorts. It went through a rebraning in 2013 bringing six locations under one premium brand. The current deal will allow the company to broaden its services.

“The powerhouse combination of Bay Club, York Capital, and JMA will allow us to fully realize our goal of creating active lifestyle campuses throughout California and beyond, said Matthew Stevens, president and CEO of The Bay Club Company, in a statement. "Each campus will offer members a well-curated assortment of luxury amenities and services too vast to be offered at any single location.”

For more, read the entire press release.

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