Elite Sports Clubs: Under contract to acquire Le Club in Glendale

Contact:

Christel Henke, 414-332-2933

[email protected]

Julie Stolper, 262-650-9852

[email protected]

Locally owned Tennis & Fitness Center Intends to Expand North Shore Presence

Milwaukee, Wis., August 16, 2012 – Elite Sports Clubs announced today that it has entered into an agreement to acquire Le Club, a well-known health and fitness club located in Glendale, WI. The proposed addition of Le Club will expand Elite Sports Clubs to five clubs in the greater Milwaukee area, with three clubs in the North Shore area and two in Brookfield. The acquisition is expected to close by the end of the month. Terms of the deal were not disclosed.

Le Club, established in 1972, was previously owned by ClubCorp, a Dallas-based company that owns 150 various clubs in 24 states, the District of Columbia and two foreign countries. Elite Sports Clubs, owned by Fox Point native, Kay Yuspeh, is currently celebrating its 25th anniversary as one of the foremost fitness and tennis centers in the Midwest.

“This proposed acquisition continues our quest to provide area families with the finest comprehensive fitness clubs that offer something for everyone,” stated Yuspeh. “Le Club has a long history of providing quality fitness services to area residents and we look forward to the opportunity of carrying on this great tradition and taking it to the next level. Le Club will truly complement our other North Shore clubs by providing additional value to our successful member passport program. I’m proud to have it as part of our Elite family,” she added.

Upon completion of this anticipated Le Club acquisition, Elite will have an enhanced presence in the North Shore with the addition of 10 indoor tennis courts, three outdoor tennis courts, two indoor pools and one outdoor pool, features that Elite’s current North Shore location does not offer due to space limitations. Elite Sports Clubs plans to incorporate their signature tennis program, the largest in the state, at the new facility. In addition, more family friendly programming will be added, and the aquatic program will be expanded.

Following the acquisition, current Elite Sports Club members will have the opportunity to sample all of the other Elite Sports Clubs free of charge during the month of September, as a way to welcome the new club to the Elite family.

About Elite Sports Clubs

Elite Sports Clubs offers 44 tennis courts, extensive weight-training and cardiovascular areas, 10 pools, aquatic centers, state-of-the-art equipment and group classes free with membership at each of its locations. The Elite Sports Club family includes: Brookfield, 13825 W. Burleigh Rd., Brookfield; West Brookfield, 600 N. Barker Rd, Brookfield; North Shore, 5750 N. Glen Park Rd., Glendale; and Mequon, 11616 N. Port Washington Road and proposed new acquisition LeClub, 2001 W. Good Hope Road, Glendale.