Snapdragon Capital Invests Over $30 Million in Spartan Fitness Holdings
April 20, 2023
Snapdragon Capital Partners has invested more than $30 million in Spartan Fitness Holdings, the largest Club Pilates franchisee, to accelerate expansion of Club Pilates studios and to acquire and develop additional wellness brands including Hand & Stone and V/O (VIO) Med Spa. The capital will be used for new builds, acquisitions and to build Spartan’s multi-brand boutique fitness and wellness platform across multiple U.S. states.
- Buyers
- Snapdragon Capital Partners
- Targets
- Spartan Fitness Holdings, LLC
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Transaction Type
- Growth capital
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