In 2016, Club 16 Trevor Linden Fitness and She’s FIT! partnered with Founders Advantage Capital Group (FAC) by selling a 60% majority interest in their 13 locations. Since then, they have grown to 16 locations, launched personal training departments at all locations, and with the resilience of their team members have weathered the COVID-19 pandemic.
On August 31, co-owners Chuck Lawson, Trevor Linden and Carl Ulmer announced they have re-acquired all 60% of Club 16 LP shares back from Dominion Lending Centres (formerly Founders Advantage Capital) to become the only shareholders of Club 16 Trevor Linden Fitness and She’s Fit!
“With the changing landscape of the fitness industry, it is clear our model and team are worth going all in for. The high value low priced concept we created is thriving in British Columbia and has proven across the world to be the most resilient and fastest growing model. The opportunity for further growth with the team we currently have today is one we can not miss out on,” says Lawson.
“The decision to purchase the shares back from DLC is a testament to the outstanding team we have assembled, the rapidly scaling business we have created, and the advanced member experience we provide. We are exceptionally proud of this.” Says Ulmer.
Lawson, Linden and Ulmer indicate that with controlling interest they will be able to move faster and with more impact, while staying true to their original vision and mission to give people their best life and inspire healthier communities by making fitness fun. Linden adds that it remains a critical time in the wake of COVID-19 to continue leveraging fitness and activity in support mental health.
“I am outspoken about my belief that physical fitness supports the mental health of everyone who engages in it. Being a partner with this incredible group at Club 16 Trevor Linden Fitness and She’s FIT! allows me to participate in supporting British Columbians with their mental health. That is something worth getting up in the morning and working towards,” says Linden.
Club 16 Trevor Linden Fitness and She’s Fit! will open a 17th location in Chilliwack in 2023.
