Announced
Financials
Tags
Domestic
Friendly
Single Bidder
Private
Private Equity
Pending
Recreational Services
fitness company
United States
Acquisition
Majority
Synopsis
Kohlberg & Company, a private equity firm that focuses on leveraged buyout transactions, agreed to acquire [solidcore], a provider of a full body session using controlled movements on a resistance based machine to work slow and fast twitch muscles, as well as offers different workouts for health fitness. Financial terms were not disclosed. "Anne has been a formidable business leader, partner and inspiration for our entire team. We are all stronger versions of ourselves thanks to Anne's vision and the investors who continue to believe in the strength of [solidcore]'s business model. I feel privileged to continue to lead this team as we tackle this next chapter of growth and expansion," Bryan Myers, [solidcore] President & Chief Executive Officer.
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