Gainline Capital Invests in Core Health & Fitness

Core Health & Fitness (Gainline-backed) Acquires Jacobs Ladder

June 15, 2022

Manufacturing

Core Health & Fitness, a portfolio company of Gainline Capital Partners, has acquired Jacobs Ladder, a manufacturer of ladder-climbing fitness equipment. The acquisition will provide Jacobs Ladder with funding and Core’s distribution and scale to accelerate growth in high-intensity fitness markets.

Kohlberg & Company Leads Strategic Investment in [solidcore]

May 4, 2023

Restaurants & Hospitality

[solidcore], a Washington, DC–area boutique fitness studio operator, received a strategic growth investment led by Kohlberg & Company with participation from existing investors VMG Partners and Peterson Partners. The undisclosed investment will be used to accelerate studio openings and expand the brand into new U.S. markets and internationally.

Prospect Hill Growth Partners Acquires Majority Stake in Fitness Ventures

March 3, 2020

Healthcare Services

Prospect Hill Growth Partners has acquired a majority interest in Fitness Ventures, LLC, a fast-growing Crunch Fitness franchisee headquartered in Orlando, Florida. Founder Brian Hibbard will remain a substantial investor and continue as CEO; the partnership provides Fitness Ventures with institutional capital to accelerate development and pursue a goal of operating 100 Crunch Fitness locations.

Mayfair Capital Partners Acquires Baseline Fitness from Freeman Spogli

February 2, 2024

Healthcare Services

Mayfair Capital Partners (a division of Oxford Financial Group) acquired Baseline Fitness, a leading Planet Fitness franchisee with 100 clubs, in a transaction that closed February 2, 2024; terms were not disclosed. Freeman Spogli sold its majority interest but retained a significant minority stake alongside Baseline management, and Mayfair intends to support Baseline’s growth plan to expand locations from ~100 to more than 150.

Gainline Capital Partners Makes Growth Investment in Atlantic Energy

July 13, 2021

Energy

Gainline Capital Partners has made a growth investment in Atlantic Energy, a Deerfield Beach, Florida-based electricity and natural gas retailer that bundles value-added, tech-enabled products to help customers reduce consumption. The financing provides Atlantic with its first institutional capital to accelerate growth; industry veteran Deryl Brown joined as Executive Chairman as part of the transaction.

KPS Capital Partners to Acquire Life Fitness (Brunswick's Fitness Business)

May 6, 2019

Manufacturing

KPS Capital Partners has signed a definitive agreement to acquire Brunswick Corporation's fitness business, including the Life Fitness brand, for approximately $490 million in cash. The transaction, a divestiture of Brunswick's fitness division, will establish Life Fitness as an independent company headquartered in Rosemont, Illinois, and is expected to close in Q2 2019, subject to customary approvals.