PEAR Sports Acquires Functional Solutions

ABC Fitness Solutions Acquires Fitness BI

April 8, 2021

Cloud & SaaS

ABC Fitness Solutions, a Thoma Bravo–backed provider of fitness industry software, has acquired Fitness BI, a San Francisco Bay Area Data Warehouse-as-a-Service platform used by more than 1,100 clubs. The acquisition will integrate Fitness BI's analytics and DWaaS capabilities into ABC's product suite (ABC Performance Insights) to expand reporting, business-intelligence offerings, and create a single source of truth for club operators.

Functionalab Group Merges with FYi Medical Aesthetics; L Catterton and L'Oréal Back Transaction

January 4, 2023

Healthcare Services

FYihealth Group has completed a merger of its Medical Aesthetics division with Functionalab Group; the combined business will operate under the Functionalab Group name as the largest premium aesthetic medicine network in Canada across 68 clinics. The transaction is supported by investors and strategic partners L Catterton and L'Oréal, positioning the merged company for scale and expanded consumer-facing aesthetic services nationwide.

Norvestor Acquires Majority Stake in Pearl Group

December 28, 2020

IT Services

A fund advised by Norvestor Advisory AS has agreed to acquire a c.52% majority stake in Pearl Group, a Nordic IT solutions and ERP partner headquartered in Lysaker, Norway. The investment provides Pearl with expansion capital to grow organically and via M&A while the existing management and key employees retain a significant minority stake and reinvest proceeds.

Ergoseal Acquires Performance Sealing Solutions LLC

July 10, 2024

Manufacturing

Ergoseal, a Carol Stream, Illinois-based manufacturer of high-performance sealing solutions, has acquired Performance Sealing Solutions LLC (PSS) effective July 10, 2024. The acquisition brings PSS’s PTFE sealing technologies and engineered sealing products into Ergoseal’s portfolio to expand product offerings, strengthen R&D and manufacturing capabilities, and better serve industrial, aerospace and food & beverage end markets.

PSG Provides €60M Growth Investment in Sport Alliance

August 19, 2021

Cloud & SaaS

Hamburg-based fitness software group Sport Alliance has secured a €60 million growth investment from growth equity firm PSG. The capital will be used to accelerate product development, expand go-to-market teams, support international expansion and enable M&A activity to scale the company's cloud-based gym management platform.

Perpetual Capital Partners Acquires In-Shape Solutions

January 17, 2023

Healthcare Services

Perpetual Capital Partners acquired In-Shape Solutions, a California-based chain of full-service health and wellness centers operating under the In-Shape Health Clubs brand, from Aquiline Capital Partners. Perpetual will combine In-Shape with California Family Fitness to form In-Shape Family Fitness; Aquiline had previously invested in and restructured In-Shape following bankruptcy in 2021.