Empire Portfolio Group announced it has acquired four Orangetheory Fitness studios in Fairfield, Norwalk, Westport, and Shelton, CT. With these acquisitions, it now has more than 40 studios in Connecticut, New Jersey and New York.
Since partnering with Revelstoke Capital Partners, a private equity firm focused on health and wellness, in December of 2020, Empire has been able to expand career opportunities to employees and increase access to its science, coaching and technology to its members.
Winston & Strawn LLP acted as legal counsel to Empire. The sellers were represented by MOK Advisors.
Orangetheory currently has over 1,400 fitness studios worldwide in the Orangetheory system.
Logo courtesy Orangetheory