Crunch is a PE asset with a wage-suit trail: California labor authorities cited 25 locations between 2018 and 2023 (dispositions not public), a 2025 suit alleges unpaid hours and overtime calculated without commissions, and franchisee-run gyms face their own wage actions. The 550-gym system is owned location-by-location by franchisees, but standards are set by Leonard Green & Partners, its second PE owner in six years. Members' dues and workers' conditions both answer to a fund's timeline.