US fitness club operator Healthtrax has received investments totalling US$5.5m (£2.9m, 4.3m euro) to continue its work in preventative health.
Summer Street Capital Partners, a private equity fund, has invested US$3.5m (£1.9m, 2.8m euro) in the company, while another US$2m (£1m, 1.6m euro) came from a Connecticut-based fund.
Formed in 1979, Healthtrax operates hospital-based fitness and wellness centres and also provides employee wellness programmes to more than 300 companies. It teamed up with Gaylord Hospital in Connecticut to launch a 3,700sq m (40,000sq ft) wellness centre this spring, which features a 2,700sq m (29,000sq ft) public fitness club.
Another two centres are planned to open this year.The first is due to open in North Carolina this autumn and is the result of a partnership with the American Institute of Healthcare & Fitness (AIH&F).
The site will offer trainer-assisted express workouts lasting 20 minutes; an aquatics centre with a lap pool, whirlpool, sauna, steamroom and therapy pool; group exercise classes; a gym; a youth activity centre; and family programmes and amenities. Located in the same building as Healthtrax, AIH&F will have dedicated space for a nutrition centre, sports medicine facilities, a dental health centre, mother and child facilities and counselling services.
Another centre offering fitness, physical therapy and medical services is due to open in Connecticut later this year, in a partnership with Hartford Hospital.
