Bouldering Project, based in Seattle, WA, has acquired three gym spaces in Brooklyn, Boston and D.C., formerly run by Brooklyn Boulders.
The locations represent Brooklyn Boulders locations in Gowanus in Brooklyn, Somerville outside of Boston and Washington D.C.
Bouldering Project said on its website, “Today, three spaces in Brooklyn, Boston and D.C. become part of the Bouldering Project. These spaces were previously Brooklyn Boulders gyms, and today’s change marks a new beginning. Our purpose in acquiring these gyms is to grow with new people in new places. We believe there is beauty in climbing together. We are committed to the local staff, members, and neighbors.
“This is how we create spaces. It’s how we’ve built seven gyms over the past twelve years in Seattle, Austin, Minneapolis, and soon-to-open Salt Lake City— inspiring and inclusive spaces for real climbing, movement and connection. Membership at the Bouldering Project extends to all our locations.”
Brooklyn Boulders said on its website, “As of today, the Bouldering Project brand has acquired Brooklyn Boulders Gowanus, Eckington, and Somerville—they are now officially Brooklyn, D.C., and Boston Bouldering Project!”
Houlihan Lokey served as the exclusive financial advisor to Brooklyn Boulders and assisted in structuring and negotiating the transaction on its behalf.
