New England Altitude Trampoline Park Franchisee Sold to Fellow Franchisee

Ex Nihilo Capital and Tabula Rasa Acquire Ten Trampoline Parks (Sky Zone & Rock N Jump)

March 11, 2024

Restaurants & Hospitality

Private equity firm Ex Nihilo Capital and multi-unit operator Tabula Rasa acquired ten trampoline park locations (nine Sky Zone parks and one Rock N Jump) across multiple U.S. states. The deal was supported with subordinated debt from LO3 Capital and participation from Spring Capital, making Tabula Rasa the largest Sky Zone franchisee with 17 parks and signaling continued add-on growth for the operator.

Builders Source Inc. Sold to Private Acquirer

July 1, 2022

Retail

Peakstone served as exclusive M&A advisor to Builders Source Inc. on its sale to an unnamed private acquirer. Founded in 1993 and headquartered in Albuquerque, New Mexico, Builders Source is a regional distributor and showroom operator of home appliances and plumbing products serving contractors, designers and homeowners across the Southwest.

Flight Fit N Fun Acquires Jumpstreet (11 Locations)

January 6, 2020

Restaurants & Hospitality

Flight Fit N Fun, a PE-backed developer and operator of indoor adventure parks, acquired 11 locations from Jumpstreet, expanding its footprint across the southern United States and creating the largest exclusively company-owned indoor adventure company in North America. The Jumpstreet parks will retain their brand and on-site management teams as Flight integrates the locations into its platform.

Summit Park Recapitalizes Thrust Flight

September 12, 2024

Education

Summit Park has recapitalized Thrust Flight in partnership with Founder and CEO Patrick Arnzen, management, and aviation-focused investor AltitudeX Aviation. The recapitalization (Summit Park's fifth platform investment in Fund IV) provides capital to support Thrust's growth and geographic expansion of its Zero Time to Airline program across Texas; Fidus Capital provided debt financing.

Game Time Productions (Greenlite Ventures) Acquires Subsidiaries of Altitude International Holdings

June 19, 2023

Healthcare Services

Greenlite Ventures, Inc. (dba Game Time Productions) acquired Altitude Wellness, Inc., Trident Water LLC and Altitude International, Inc., all former subsidiaries of Altitude International Holdings, Inc. The transactions were structured as no-liability, debt-free deals in exchange for 600,000 common shares of GRNL stock; GRNL plans to restructure and/or sell the acquired assets while securing royalty agreements with third-party operators and manufacturers.

Elevation Point Takes Minority Stake in Stonebrook Private

January 21, 2025

Wealth Management

Elevation Point has made a strategic minority investment in Stonebrook Private, a Northville, Michigan-based fee-only fiduciary advisory firm with over $750 million in AUM. The partnership will allow Stonebrook to retain control while leveraging Elevation Point's resources to accelerate growth and enhance client service capabilities.