Investment Summary |
|
|---|---|
| Date | 2016-02-17 |
| Target | Orangetheory Fitness |
| Sector | Franchising |
| Investor(s) |
Roark Capital Group
New Heights Capital |
| Deal Type | Growth Capital |
| Advisor(s) | Piper Sandler & Co. (Financial) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 33.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Roark Capital Group is a private equity firm that focuses on middle-market investment opportunities. The Firm targets family-owned business transfers, management/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. Roark Capital Group pursues companies with revenues between $20 million and $5 billion, and EBITDA of $10 to $500 million. Roark Capital primarily invests in consumer and business services companies, with a particular interest in the franchise, food and restaurant, specialty retail, direct marketing and financial services sectors. Roark Capital Group was formed in 2001 and is headquartered in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 28 of 46 |
| Sector: Franchising M&A | 8 of 12 |
| Type: Growth Capital M&A Deals | 3 of 5 |
| State: Florida M&A | 5 of 5 |
| Country: United States M&A | 26 of 44 |
| Year: 2016 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-17 |
Honors Holdings
Atlanta, Georgia, United States Honors Holdings is a franchisee of Orangetheory Fitness with studio locations in Georgia, Tennessee, South Carolina, Oregon, Washington, and international locations in the United Kingdom. Honors Holdings is based in Atlanta, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-27 |
Drybar
Irvine, California, United States Drybar is an operator of a multi-unit retail brand that provides professional blowouts (hair washing, drying, and styling). Drybar also offers an award-winning branded consumer product line of hair care and styling products. Drybar was founded in 2009 and is based in Irvine, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| Size | Small |
| Type | Sector Agnostic |
New Heights Capital is a private equity investment firm focused on buyouts and recapitalizations of profitable, lower middle-market companies located in the US and Canada. The Firm prefers businesses with non-cyclical revenues, defensible market positions, and growth potential, either organically or through acquisitions. Target companies generally have pre-tax profits of $1 to $10 million and at least $5 million of revenue. Sectors of interest include services, niche manufacturing, consumer products, healthcare, value-added distribution, and specialty retail/catalog/internet. New Heights Capital was formed in 2006 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Growth Capital M&A Deals | 1 of 1 |
| State: Florida M&A | 1 of 2 |
| Country: United States M&A | 2 of 4 |
| Year: 2016 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-12-01 |
Edge Fitness Clubs
Orange, Connecticut, United States Edge Fitness Clubs offers fitness equipment, fitness programming and specialized in-club services such as personal training and Pilates. Edge Fitness Clubs was founded in 1987 and is based in Orange, Connecticut. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-01 |
Fresh Meal Plan
Boca Raton, Florida, United States Fresh Meal Plan provides fresh organic food, with no preservatives or added sugar or salt and is tasty & healthy, calorie-controlled meals to customers. The company offers a variety of meal plans, including catered diets and mix and match options. Fresh Meal Plan is based in Boca Raton, Florida. |
Buy | - |
