Morgan Stanley completed the acquisition of Impact Fitness from Bain Capital.

Morgan Stanley Capital Partners, a private equity team within Morgan Stanley, completed its acquisition of Impact Fitness, a leading fitness franchisee across USA and Canada, from Bain Capital Double Impact, and Bridges Fund Management. Financial terms were not disclosed. The acquisition extends MSCP's long track record of partnering with an innovative, multi-site retail business. Impact Fitness is a leading Planet Fitness franchisee. "We are excited to partner with Impact's talented management team to continue the company's impressive growth. We have admired Planet Fitness and the franchisee system, and Impact has differentiated itself through its mission-driven culture. We are pleased to support the company as it expands and aims to bring its offering to additional communities in need." Aaron Sack, MSCP Managing Director.