Orangetheory Fitness Receives Growth Equity Investment

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Orangetheory Fitness Receives Growth Equity Investment from Roark Capital Group

Orangetheory Fitness Roark Capital Group, an Atlanta-based private equity firm, made a growth equity investment in Orangetheory Fitness. The terms of the deal, which was announced on Wednesday, were not disclosed. “We decided to engage Roark as a strategic investor to support us as we continue to experience rapid growth in the U.S. and internationally, as well as expand our product and service quality,” Dave Long, co-founder and chief executive officer of Orangetheory Fitness, said in a release. “Our relationship with Roark will strengthen our mission to deliver proven fitness results for a healthier world.” The  management team will continue to lead the company, with Roark Capital managing directors joining its board of directors to provide strategic counsel and support.Orangetheory Fitness Receives Growth Equity Investment from Roark Capital Group 
Roark Capital Group, an Atlanta-based private equity firm, made a growth equity investment in . The terms of the deal, which was announced on Wednesday, were not disclosed. “We decided to engage Roark as a strategic investor to support us as we continue to experience rapid growth in the U.S. and internationally, as well as expand our product and service quality,” Dave Long, co-founder and chief executive officer of Orangetheory Fitness, said in a release. “Our relationship with Roark will strengthen our mission to deliver proven fitness results for a healthier world.” The Orangetheory Fitness management team will continue to lead the company, with Roark Capital managing directors joining its board of directors to provide strategic counsel and support.