“Practitioner-Assisted Stretch Therapy Franchisor, Stretch Zone, Receives Infusion from Princeton Equity Group to Support Growth”
Health Club News is excited to report that Stretch Zone, a franchised provider of practitioner-assisted stretch therapy services, has recently received a strategic investment from Princeton Equity Group, a private equity firm. This investment will bring additional resources to support the continued expansion of Stretch Zone’s national footprint and facilitate additional client growth.
According to the announcement made by Princeton Equity Group, the strategic investment is a result of the impressive growth and phenomenal culture instilled throughout Stretch Zone’s franchisee base. The partnership between Princeton Equity Group and Stretch Zone’s talented management team is expected to preserve the company’s core values and drive positive change for its client base.
Stretch Zone was founded in 2004 by Jorden Gold, who designed the world’s first proprietary table and patented strapping system for practitioner-assisted stretch therapy. Since its inception, Stretch Zone has partnered with professional athletes, sports organizations, and resorts and spas as a proof of concept. Stretch Zone opened its first corporate location in 2015 and then its first franchise location in 2017.
According to Gold, the company’s focus on helping to improve the quality of lives and positively impact local communities has been a thrill and an honor. “Stretching has always been a personal passion of mine, and it’s heartwarming to know that Stretch Zone has provided such a key wellness service for people of all ages,” Gold said.
Under the leadership of CEO Tony Zaccario, Stretch Zone has achieved rapid growth, opening its 200th location in 2022 and surpassing 250 locations in early 2023. Zaccario and his team will remain in their current roles with the company, ensuring that the immense passion and purpose that have driven this brand’s remarkable growth will be preserved.
“We look forward to keeping the client and franchisee experience a top priority while taking the company to the next level,” Zaccario said. “We are excited to have partners that are aligned with our vision and culture, and the team at Princeton Equity Group is just that. Together, we will continue to bring opportunities to entrepreneurs and wellness services to clients.”
In addition to the strategic investment from Princeton Equity Group, Stretch Zone received exclusive sell-side advice from Boxwood, a boutique middle-market investment bank. Health Club News is thrilled to report on this exciting development for Stretch Zone and wishes them continued success in their mission to promote wellness and improve the quality of lives.