Bain Capital Double Impact to return 3.1x on Impact Fitness

The Planet Fitness branch on West 27th Street in Manhattan. Planet Fitness is a portfolio company within TSG's Sunshine Fitness. Photo by Robert Daniel, Buyouts
Bain Capital Double Impact is set to make 3.1x its money on the sale of Impact Fitness to Morgan Stanley Capital Partners, sources familiar with the deal told Buyouts. Bain Capital and Bridges Fund Management, which had a minority stake, both fully exited their stakes in the company. ...

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