Revelstoke Capital Partners Invests in Empire Portfolio Group Holdings
01/06/21, 12:05 PM
Location
denver
Revelstoke Capital Partners ("Revelstoke"), a Denver-based private equity firm, announced it has acquired a majority interest in Empire Portfolio Group Holdings ("Empire" or the "Company"), a leading franchisee and area representative of Orangetheory® Fitness ("Orangetheory"). Empire currently owns and operates a portfolio of 15 Orangetheory studios and 27 sub-franchised studios across New York, New Jersey, and Connecticut. The investment will support Empire's new studio growth across the country providing expanded access to Orangetheory Fitness' trifecta of science, coaching, and technology which leads to enhanced health and wellness for members. Empire's founder and CEO, Adam Krell, will retain a substantial ownership stake in the business and continue to lead the business going forward.
Company Info
Company
Empire Portfolio Group Holdings
Location
denver, colorado, united states
Additional Info
Empire Portfolio Group Holdings, founded in 2013 and headquartered in New York City, is a leading franchisee and area representative of Orangetheory Fitness. The Company operates 15 Orangetheory Fitness studios and 27 sub-franchised studios across New York, New Jersey, and Connecticut.