Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Private
Completed
United States
Private Equity
Majority
Friendly
spa and leasure
Recreational Services
Synopsis
CI Capital, a New York-based private equity firm, completed its acquisition of WTS International, a company in the spa and leisure industry. Financial terms were not disclosed. The management team of WTS will continue to lead the company and is retaining significant equity ownership in the company. "WTS has achieved remarkable growth and has maintained its leadership position in the spa, lifestyle, fitness, and wellness services industry. I am very proud of all that we have accomplished and am excited to continue the company's growth trajectory through this partnership with CI Capital." Gary Henkin, WTS Founder and CEO.
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