Wellbridge, Denver, is expanding its Baltimore presence with the purchase of a club from the Maryland Athletic Club & Wellness Center (MAC), Baltimore, the two companies announced Friday. No purchase price was disclosed.
The MAC sold its Harbor East club in downtown Baltimore to Wellbridge, with the transition occurring July 1. Wellbridge owns 19 athletic and tennis clubs across the country, including the Bel-Air Athletic Club in Bel Air, Maryland, which it purchased in 2000.
The MAC will continue to operate its flagship Timonium, Maryland, club and its eight-year-old MAC Express facility in Hunt Valley, Maryland.
Staff at the MAC will assist Wellbridge in the transition during the next few months. The two groups agree that over the next three years, the 3,000 current members of the East Harbor facility, which opened in 2007, would be able to continue their reciprocal use of the other MAC facilities.
Tim Rhode, co-founder of the MAC, said that he was delighted to be working with Wellbridge.
"They are respected industry veterans, and we are confident they will provide a quality experience for our members and offer new opportunities for the dedicated Harbor East team."
Wellbridge President and CEO Ed Williams called the addition of the Harbor East club a "great fit" with the other Wellbridge clubs on the East Coast.
"MAC Harbor East has been an integral part of the community, and we look forward to strengthening this relationship."
Wellbridge ranked No. 18 on Club Industry's 2014 Top 100 Clubs list at $79 million in revenue. The MAC ranked No. 61 on the list with revenue of $13.1 million.