Ropes & Gray Represents Altamont Capital Partners in Sale of Excel Fitness to Olympus Partners
Ropes & Gray represented Altamont Capital Partners in the sale of Excel Fitness to Olympus Partners. Excel Fitness Holdings, Inc. is a leading Planet Fitness franchise group with over 90 locations across Texas, Oklahoma, Arkansas, Missouri, North Carolina and Virginia. Terms of the transaction were not announced. The announcement was made on June 13 in a press release.
Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management.
The Ropes & Gray team that represented Altamont Capital was led by private equity partner Elizabeth Gallucci, and included private equity partner Howard Glazer, benefits partner Jennifer Cormier and tax partner Amanda Holt.