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Aquiline Successfully Completes Sale of In-Shape Solutions to Perpetual Capital Partners

/PRNewswire/ Aquiline Capital Partners LLC ("Aquiline"), a private investment firm based in New York and London with $9.2 billion in assets under.

IN-SHAPE RAISES $127K FOR CANCER RESEARCH

State's pandemic rules drive In-Shape City to bankruptcy

State’s pandemic rules drive In-Shape City to bankruptcy There has been no word on the fate of the Ceres In-Shape City gym on Mitchell Road following announcement of a bankruptcy motion. Approximately 45 clubs may remain open. California’s COVID-19 pandemic rules are forcing In-Shape Health Clubs to file for bankruptcy. The Chapter 11 filing was made on Dec. 16 with the goal of keeping 45 to 50 clubs. The fate of the In-Shape club in Ceres remains unclear as the company did not disclose which 45 clubs will remain open. The Ceres club on Mitchell Road has been closed due to Gov. Newsom’s mandates, which are among the most stringent in the nation.

In-Shape chain hit hard by COVID-19, will continue day-to-day operations

In-Shape Health Clubs has filed for Chapter 11 bankruptcy protection because of the coronavirus and resulting lockdown orders imposed by the state. The Stockton-based company founded some 40 years ago said it will continue day-to-day operations at clubs currently open outdoors statewide, including the West Lane location on Bianchi Road in Stockton, In-Shape Tracy Blvd. and the Manteca In-Shape on Yosemite Avenue. In-Shape Health Clubs on Hammer Lane and March Lane in Stockton and In-Shape Lodi remain temporarily closed, though outdoor fitness in Lodi is scheduled to open soon. In Stockton, In-Shape Marina, In-Shape Downtown and In-Shape Quail Lakes have closed permanently, as have the Lathrop, Manteca West, Tracy 11th Street and Tracy Grant Line clubs. In March, the company closed its downtown Stockton headquarters.

Gym owner In-Shape files for bankruptcy