Announced
Completed
Financials
Tags
coaching
Completed
Friendly
Recreational Products
Single Bidder
Domestic
United States
Private Equity
fitness and wellness
Acquisition
Private
Minority
Consumer Services: Other
Synopsis
American Pacific Group, a private equity firm, completed the investment in two businesses engaged in coaching and training for fitness and exercise facilities Gym Launch and Prestige Labs. Financial terms were not disclosed. “This is an exciting moment in our Company’s history. We are proud to have built a Company that makes such a big impact on gym owners and their communities. We feel like we have just scratched the surface on the value we can provide, and the time is right to bring on a partner who can help us accelerate our growth. American Pacific Group has demonstrated they have the experience and resources to help us foundationally transform the gym industry as a whole and become the company we envision," Alex and Leila Hormozi, Gym Launch and Prestige Labs Founders.
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