Trilantic North America completed the acquisition of a majority stake in Taymax Group, the Planet Fitness franchisees with more than 50 club locations across the United States and Canada, from ClearLight Partners, a private equity firm in Southern California that invests in established, profitable middle-market companies with significant growth potential. Financial terms were not disclosed. “Tim has done a remarkable job building Taymax into one of the premier franchisees in the Planet Fitness system and has assembled an impressive management team to support the continued growth of the platform. We are excited to partner with the management team through the next phase of the Company’s development and believe that Taymax and the broader Planet Fitness system will continue to benefit from secular trends around health and wellness, a key theme across several of Trilantic North America’s consumer investments.” Grant Palmer, Trilantic North America Partner.