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Announced

PE-backed Xponential Fitness acquired Pure Barre from L Catterton

Synopsis

Snapdragon-backed Xponential Fitness, the curator of the best brands across every vertical in the boutique fitness industry, acquired Pure Barre, a Denver-based operator of fitness studios, from L Catterton. Financial terms were not disclosed. As part of the transaction, L Catterton, which invested in Pure Barre in 2015, will contribute its investment into the acquisition. Pure Barre joins six other successful Xponential Fitness brands including Club Pilates, CycleBar, StretchLab, Row House, AKT and Yoga Six. "Pure Barre has built a passionate community through its consistent delivery of a premium barre experience for over 15 years," said Mark Grabowski, Managing Partner of Snapdragon. "We look forward to partnering with the Pure Barre franchise owners to expand the community domestically and internationally with the support of the Xponential Fitness infrastructure."

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