
CDM Fitness Holdings Expands Footprint by Acquiring Seven Planet Fitness Clubs
Core Development and Management Fitness Holdings (CDM) is broadening fitness and fun across the Pacific Northwest. The franchise group purchased seven Planet Fitness® clubs in the Tacoma, Washington-area. On Feb. 21, CDM purchased the clubs from Jeg Viper of Philadelphia.
The seven clubs included Bonney Lake, Milton, Puyallup, Tacoma (Fern Hill), Tacoma (West End), University Place and Tacoma (Eastside). The total square footage of the properties came up to nearly 162,000 square feet. The clubs have a total of around 60,000 members.
“Seattle-Tacoma is a diverse, vibrant market, and we believe underserved in terms of affordable fitness options,” said Bruce Edwards, CEO of CDM Fitness Holdings. “We have experienced a positive reception since entering the greater Seattle market, and our immediate plans are to reinvest in and enhance our existing locations with new equipment and facility upgrades to ensure that our member experience rivals that of a brand-new facility. We are also actively looking to expand our Planet Fitness network to additional areas in and around the region.”
With this acquisition, CDM Fitness Holdings now has 17 Planet Fitness locations in Washington, as well as 80 locations in total across Massachusetts, Rhode Island, New Hampshire, Vermont and Washington state.

