Roark Capital Acquires Majority Stake in Fitness Connection

Roark Capital Acquires Mathnasium

November 16, 2021

Education

Roark Capital, an Atlanta-based private equity firm focused on franchised and multi-location businesses, has acquired Mathnasium, a leading franchisor and operator of math learning centers. Mathnasium operates over 1,000 locations across 46 U.S. states and 12 countries; Roark intends to expand the brand’s reach and support franchisee growth globally.

Roark Capital Acquires Subway Restaurants

August 24, 2023

Restaurants & Hospitality

Subway has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The deal pairs Subway's global quick-service restaurant footprint with Roark's franchise and multi-location leadership to support growth, restaurant modernization and franchisee initiatives.

Gainline Capital Invests in Core Health & Fitness

February 11, 2020

Manufacturing

Gainline Capital Partners, a Stamford-based private equity firm, announced an investment in Core Health & Fitness, a vertically integrated global manufacturer of commercial fitness equipment. Financial terms were not disclosed; Core's founder and CEO Michael Bruno and the senior management team will remain in place and the investment is intended to support growth and further vertical integration.

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.

Delos Capital and HRS Management Take Majority Stake in US Fitness

May 29, 2018

Healthcare Services

US Fitness, a multi-brand operator of high-amenity health clubs (Onelife Fitness, Sport & Health, Crunch franchise locations), received a majority investment from Delos Capital with family office HRS Management investing alongside. New Evolution Ventures sold its interest; the Galiani brothers and CEO John Cristiano retain a significant stake as the company plans accelerated expansion, investing $50 million and opening multiple new clubs over the next five years.

HealthFitness (a Trustmark company) Acquires Corporate Fitness Works

October 31, 2024

Healthcare Services

HealthFitness, a Trustmark company, has acquired Corporate Fitness Works from co-owners Beth and Michael Vivio. The acquisition adds CFW's 70 corporate fitness centers across 23 states to HealthFitness’s network, expanding its client footprint to more than 200 clients at over 360 sites and advancing Trustmark’s inorganic growth strategy.