.
MergerLinks Header Logo

New Deal


Announced

Kohlberg & Company to acquire [solidcore].

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

Friendly

Single Bidder

Private

Private Equity

Pending

Recreational Services

fitness company

United States

Acquisition

Majority

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US