M&A Deal Summary

ClearLight Partners Acquires Austin Fitness Group

On September 1, 2018, private equity firm ClearLight Partners acquired consumer services company Austin Fitness Group

Acquisition Highlights
  • This is ClearLight Partners’ 2nd transaction in the Consumer Services sector.
  • This is ClearLight Partners’ 20th transaction in the United States.
  • This is ClearLight Partners’ 1st transaction in Texas.

M&A Deal Summary
Date 2018-09-01
Target Austin Fitness Group
Sector Consumer Services
Buyer(s) ClearLight Partners
Deal Type Recapitalization

Target

Austin Fitness Group

Austin, Texas, United States
Austin Fitness Group is a multi-unit franchisee of Orangetheory Fitness studios across Texas. AFG operates and supports 30+ owned and franchised Orangetheory Fitness locations across Austin, College Station, and San Antonio. Austin Fitness Group is based in Austin, Texas.

Search 193,724 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ClearLight Partners

Newport Beach, California, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2000
PE ASSETS 900M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

ClearLight Partners LLC is a private equity firm that invests in mid-sized companies with strong cash-flow margins and limited capital intensity. ClearLight looks for US and Canadian headquartered companies with annual revenues between $25 and $250 million and EBITDA of $4 and $15 million. ClearLight targets investments across a broad range of industries with a particular interest in specialty manufacturing and distribution, business services, education and training, healthcare services, specialty finance, and consumer products and services. The Firm's target investment size is $10 to $50 million per transaction. ClearLight Partners was formed in 2000 and is based in Newport Beach, California.

DEAL STATS #
Overall 20 of 22
Sector (Consumer Services) 2 of 2
Type (Recapitalization) 2 of 2
State (Texas) 1 of 1
Country (United States) 20 of 22
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 Taymax Fitness Holdings

Belmont, New Hampshire, United States

Taymax is a Planet Fitness franchisee with more than 100 locations across Texas, Tennessee, Alabama, Georgia, Florida, Pennsylvania, California and Ontario, Canada. Planet Fitness pioneered the high-value, low-price fitness club model and is the leading player in the segment with over 2,000 locations across North America.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 Pure Health Solutions

Vernon Hills,, Idaho, United States

Pure Health Solutions, Inc. is a manufacturer and marketer of point-of-use water purification coolers. PHSI was founded in 1996 and is headquartered in Sandpoint, ID with production facilities in Seoul, South Korea.

Sell $58M
Mergr

Product

Company

Legal