In-Shape Health Clubs announced in a press release that it has partnered with Fremont Private Holdings (FPH) and Pulse Equity Partners (Pulse) to support its ongoing expansion into existing and new markets.
According to In-Shape, the company will continue to be led by CEO Paul Rothbard. “FPH and Pulse are the perfect partners for our business,” said Rothbard. “We share the same vision for the company. This new relationship will enable us to continue our steady growth.”
Fremont Private Holdings is the direct private investment arm of Fremont Group®, a San Francisco-based private investment company that works in partnership with experienced entrepreneurs, independent sponsors, private equity firms and family offices to originate, evaluate, and execute investments in private middle market businesses.
“In-Shape exemplifies everything we look for in an investment — an attractive service offering, a proven and dedicated team, and a demonstrated history of growth,” said Scott Earthy, the managing partner of FPH. “We look forward to supporting Paul and the management team as they enhance In-Shape’s club offerings in the years ahead.”
Pulse is a private equity firm whose sole focus is to make investments in health and wellness companies. Its three target areas are healthcare services, active lifestyles and nutrition. According to Pulse, the firm partners with management teams and brings its expertise and unique capabilities to create value.
“In-Shape is a very special business due to its compelling value proposition for members, its first class facilities, and its great management team,” said Doug Lehrman, the CEO of Pulse. “In-Shape fits perfectly with our focus on partnering with leading health and wellness businesses.”
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Rachel Zabonick-Chonko is the editor-in-chief of Club Solutions Magazine. She can be reached at rachel@peakemedia.com.
