Seacoast Capital and E2 Complete Minority Recapitalization of Fitness Holdings North America
January 29, 2020
Fitness Holdings North America (FHNA), one of the largest independent Crunch Fitness franchisees, completed a minority recapitalization and growth financing with Seacoast Capital and E2 Venture Partners. The financing will be used to accelerate FHNA's expansion (organic and acquisitive) across the Northeast as it grows from 22 locations toward a 50+ club target.
- Buyers
- Seacoast Capital, E2 Venture Partners
- Targets
- Fitness Holdings North America, LLC
- Industry
- Healthcare Services
- Location
- Connecticut, United States
- Transaction Type
- Recapitalization
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