Acquiring Company
TowerBrook Capital Partners
Acquired Company
ECP-PF Holdings Group
Description
TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment management firm, announced today the completion of the acquisition of ECP-PF Holdings Group, Inc. (“ECP-PF” or “the Company”) from Exaltare Capital Management, a Boston-based private equity firm. ECP-PF, headquartered in Orange, CT, is one of the largest developers and operators of fitness clubs under the Planet Fitness brand (NYSE: PLNT), serving approximately 600,000 members in six U.S. states and three Canadian provinces.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed