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February 23, 2026
LongRange Capital Acquires 24 Hour Fitness

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AI-made summary
- • LongRange Capital acquired 24 Hour Fitness, one of the largest fitness chains in the U.S., with founder Mark Mastrov
- • Paul, Weiss advised LongRange Capital on the acquisition, with a team led by several corporate and specialty partners
- • Financial terms of the transaction were not disclosed in the announcement.
Paul, Weiss advised LongRange Capital on its acquisition of 24 Hour Fitness, one of the largest fitness chains in the U.S. Under the agreement, LongRange acquired the business alongside the chain’s founder, Mark Mastrov. Financial terms were not disclosed.
The Paul, Weiss team was led by corporate partners Angelo Bonvino, Cullen Sinclair and Michael Montgomery, and includes partners Thomas de la Bastide, Marc Shepsman, Steven Kaye and Joseph Friedman; executive compensation partner Christopher Gonnella; tax partner Lindsay Parks; restructuring partner Ken Ziman; intellectual property partner Marisa Geiger; antitrust counsel Todd Hahn; and litigation counsel Audrey Paquet.
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