Tampa-based B2Digital Inc., a development league for mixed martial arts, has signed an agreement to acquire two fitness facilities in Merrillville and Valparaiso.
Chief Executive Officer Greg Vell says the facilities will allow the company to capitalize on existing relationships with local MMA gyms and effectively double the paying customer base for its ONE More Gym business.
The company is not disclosing financial details, but says the deal includes all current equipment, customer contracts, and facility leases for the properties.
“These two new fitness facilities fit perfectly within our strategic roadmap to continue expanding our capability to develop future MMA stars,” said Bell. “We plan on duplicating our existing ONE More Gym business model – that we perfected in our first location – into these two new facilities. We plan on adding Jiu-Jitsu, Boxing, and MMA training areas to the already operating facilities, and include space for the existing MMA gyms in the region where we already have strong relationships.”
The company says the transaction has been approved by the B2Digital board of directors and is expected to close in the first week of October.