Stretch Zone, recently surpassing 250 locations, received an investment from Princeton Equity Group to support the expansion of its national footprint and client growth.
“We are very excited to partner with this talented management team to help foster the growth of Stretch Zone,” said Jim Waskovich, co-founder and managing partner of Princeton Equity Group. “Stretch Zone has expanded rapidly and instilled a phenomenal culture throughout its franchisee base. The growth speaks to the leadership of Tony and Jorden and the incredible team they have with them at Stretch Zone. We’re looking forward to this next chapter of the company’s trajectory, preserving its core values and continuing to drive positive change for its client base.”
Jorden Gold founded Stretch Zone in 2004, opening its first corporate location in 2015 and franchise location in 2017.
“We pioneered the practitioner-assisted stretching vertical and it’s been a thrill and an honor to help improve the quality of lives and positively impact local communities as Stretch Zone expands,” said Gold. “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.”
Boxwood Partners, LLC served as financial advisor to Stretch Zone. Holland & Knight LLP served as Stretch Zone’s legal counsel. Akin Gump Strauss Hauer & Feld LLP and DLA Piper LLP served as legal counsel to Princeton Equity Group.
