Fremont Private Holdings and Pulse Equity Partners have backed In-Shape Health Clubs, investing an undisclosed amount for expansion efforts. Terms were not disclosed.
In-Shape Health Clubs (“In-Shape”), a leading operator of health clubs with more than 60 locations in California, has partnered with Fremont Private Holdings (“FPH”) and Pulse Equity Partners (“Pulse”) to support its ongoing expansion in existing and new markets.
In-Shape opened its first club in Stockton, California in 1981 and has grown steadily since then to become one of the 15 largest operators of health clubs in the country. From the beginning, the Company has stayed true to its mission of helping people get and stay healthy in a fun and friendly environment. The Company’s family-focused facilities provide members with state-of-the-art equipment and amenities.
In-Shape will continue to be led by CEO Paul Rothbard, who commented, “FPH and Pulse are the perfect partners for our business. We share the same vision for the company. This new relationship will enable us to continue our steady growth.”
According to Scott Earthy, Managing Partner of FPH, “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. We look forward to supporting Paul and the management team as they enhance In-Shape’s club offerings in the years ahead.”
“In-Shape is a very special business due to its compelling value proposition for members, its first class facilities, and its great management team. In-Shape fits perfectly with our focus on partnering with leading health and wellness businesses,” added Doug Lehrman, CEO of Pulse.
About Fremont Private Holdings Fremont Private Holdings (FPH) is the direct private investment arm of Fremont Group�, a San Francisco-based private investment company with a long history of investing across a broad array of asset classes. FPH 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. For more information, please visit www.fremontgroup.com .
About Pulse Equity Partners Pulse Equity Partners is a private equity investor dedicated to the future of health and wellness by investing in and building businesses in healthcare services, active lifestyle and nutrition. A singular focus in health and wellness companies and a world-class leadership team provide solid strategic, operational and financial expertise for Pulse’s current and future portfolio companies. Pulse has assembled a network of senior-level advisors and has a close working relationship with IDEO, a leading innovation firm whose work with entrepreneurs and portfolio companies is designed to enhance their growth and development. This strategy results in successful businesses at the forefront of the health and wellness revolution built for the future, to innovate, grow, and endure.