Core Development & Management (CDM) is a private equity held Planet Fitness franchisee headquartered in Foxborough, MA. CDM currently owns and operates 57 Planet Fitness locations in Massachusetts, Rhode Island, New Hampshire and Vermont with exclusive rights to develop several new locations within New England. CDM is a portfolio company of SBJ Capital, a private equity firm based in San Francisco. Planet Fitness is the leader in the low-cost, high-value fitness segment and one of the largest and fastest growing brands within the fitness industry. Currently, Planet Fitness (NYSE: PLNT) touts over 2,000 open locations in all 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico and Australia.
