Meaningful Partners completed the acquisition of Fitness Ventures from Prospect Hill Growth Partners.

Meaningful Partners, a private equity investment firm, completed the acquisition of Fitness Ventures, a Crunch Fitness franchisee, from Prospect Hill Growth Partners, a private equity firm. Financial terms were not disclosed. "We are extremely excited about our partnership with Meaningful Partners as we continue to execute on our de novo and M&A growth strategy. The Meaningful team's background and experience in rapid scaling of multi-unit locations nationally makes them an ideal partner for our next growth phase. Our team is energized and excited to get to work," Brian Hibbard, Fitness Ventures CEO.