THE WHAT? L Catterton, a leading global consumer-focused investment firm, has acquired a majority stake in [solidcore], a fitness studio chain specializing in full-body strength training.
THE DETAILS The acquisition was made from VMG Partners, Kohlberg & Company, and Peterson Partners. [solidcore], known for its 50-minute, slow, controlled strength workouts, operates approximately 130 locations across 25 states and Washington, D.
THE WHY? The acquisition reflects the growing consumer trend toward strength training as a critical part of long-term health and wellness. L Catterton, with its extensive experience in the fitness and wellness space through past investments in brands like Peloton, SoulCycle, and Equinox, sees [solidcore] as uniquely positioned to benefit from this shift.
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