Terms of the transaction were not disclosed.
Founded more than 30 years ago, ISSA offers specialized fitness and wellness certifications with over 8,000 established employer relationships. Each year, ISSA educates thousands of professionals and enthusiasts across a broad set of disciplines, including personal training, yoga, health coaching, nutrition, cycling, and strength and conditioning. To date, ISSA has trained more than 400,000 students and placed personal trainers in 163 countries, all while continuing to develop greater access to opportunities that promote a healthier world.
“Quite simply, we help people succeed in fitness and wellness, which leads to healthier outcomes for our members and their clients. We do this by providing quality education and certification, enhancing knowledge and advancing employment potential. This partnership with Tailwind helps us to execute on our mission to connect passionate fitness professionals around the world to the meaningful work of helping others achieve their goals,” said Andrew Wyant, CEO of ISSA. “Tailwind is an ideal partner who shares our vision of becoming the leading platform in the industry through continuous innovation, investments in content and strategic acquisitions. This is a great step for ISSA, our members and their clients.”
Rick Willett, Tailwind operating executive and executive chairman of ISSA, added, “We were impressed not only with ISSA’s revenue growth, which averaged nearly 50 percent over the past three years, but also the consistently strong feedback from members on their exceptional experience and outcomes. We are quite excited to partner with Andrew Wyant and the ISSA leadership team to further expand the breadth of ISSA’s platform.”
“We are thrilled to support the next phase of growth at ISSA,” said Daniel Bise, Tailwind managing director. “As we learned more about ISSA’s success through its culture of serving others and history of helping clients achieve healthier outcomes, it was clear that the Company has much greater potential. With Tailwind’s investment, ISSA will accelerate investments in its next-generation technology platform and proprietary content while expanding its reach within the fitness and wellness community.”
Houlihan Lokey served as financial advisor and Kirkland & Ellis, LLP as legal counsel to Tailwind. ISSA was advised by Harris Williams as financial advisor and Spencer Fane LLP as legal counsel.
Photo courtesy ISSA