Ropes & Gray represented [solidcore], a chain operator of fitness studios, in its founder’s sale to Kohlberg & Company. Financial terms were not disclosed. The transaction was announced April 18 in a press release.
[solidcore] is headquartered in Washington D.C. and operates 99 studios in 24 states. Kohlberg is a private equity firm with 35-years of experience organizing eleven private equity vehicles, through which it has raised over $13 billion of committed equity capital and generated over $10 billon in realized returns.
The Ropes & Gray team was led by private equity partner Dan Cowan, tax partner Alyssa Kollmeyer, and mergers & acquisitions partner Chris Comeau.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.