M&A Deal Summary

Empire Portfolio Acquires Orangetheory Fitness - Eight Studio & Sub Franchisee

On July 27, 2021, Empire Portfolio acquired consumer services company Orangetheory Fitness - Eight Studio & Sub Franchisee

Acquisition Highlights
  • This is Empire Portfolio’s 1st transaction in the Consumer Services sector.
  • This is Empire Portfolio’s 1st transaction in the United States.
  • This is Empire Portfolio’s 1st transaction in Maine.

M&A Deal Summary
Date 2021-07-27
Target Orangetheory Fitness - Eight Studio & Sub Franchisee
Sector Consumer Services
Buyer(s) Empire Portfolio
Deal Type Divestiture

Target

Orangetheory Fitness - Eight Studio & Sub Franchisee

Maine, United States
Orangetheory Fitness's eight-studio area representative and sub-franchisee of Orangetheory® Fitness with operations in Maine, Vermont, and New Hampshire.

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Buyer(S) 1

Buyer

Empire Portfolio

New York, New York, United States

website

Category Company
Founded 2013
Sector Franchising
DESCRIPTION

Empire Portfolio is a franchisee and area representative of Orangetheory Fitness. The Company operates 15 Orangetheory Fitness studios and 27 sub-franchised studios across New York, New Jersey, and Connecticut. Empire Portfolio was founded in 2013 and is based in New York City.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Divestiture) 1 of 1
State (Maine) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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