Club Ventures Closing Media Statement

Media Contacts:
The Abernathy MacGregor Group
Rivian Bell, rlb@nullabmac.com, 213.630.6550
Sydney Isaacs, sri@nullabmac.com, 713.706.6114

NEW YORK – Dec. 21, 2016 – Club Ventures, which owns and operates the DavidBartonGym facilities, issued the following media statement today:

“DavidBartonGym has discontinued operations at its locations in New York, Boston, Miami, Chicago, and Bellevue, Wash., effective immediately. All affected employees and clients are being notified.

However, all DavidBartonGym facilities in Los Angeles and Las Vegas and the Island Club & Spa in Honolulu will remain open and operating as usual. These locations are owned by a separate legal entity, Meridian Sports Club, LLC, and are in markets that are more favorable to the company’s business model. Clients and staff will see no changes.

The company deeply regrets this final action, but due to severe competitive pressures, particularly in New York, it has become impossible for these locations to continue. DavidBartonGym greatly appreciates the past patronage of its clients and support of its staff and training professionals.”

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