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Private Equity

Roark Capital Acquires Fitness Connection

by vcaonline.com posted 2weeks ago 18 views
ATLANTA, February 4, 2019-- Roark Capital, an Atlanta-based private equity firm focused on investing in multi-unit businesses, announced today that its affiliates have acquired a majority stake in Fitness Connection from LNK Partners. Fitness Connection has over 500,000 members across its 41 health clubs in Texas, North Carolina, and Nevada. Terms of the transaction were not disclosed. Founded in 1999, Fitness Connection is a category leader in the "High Value, Low Price" (HVLP) fitness segment, offering the full range of amenities and services of a large, full-service premium club for as low as $10 per month.

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