Fitness operator sold to TriWest Capital
North Castle Partners, a leading private equity firm focused on investments in consumer-driven companies that promote Healthy, Active and Sustainable Living, announced today the sale of International Fitness Holdings, Inc. to TriWest Capital. Details of the transaction were not disclosed.
International Fitness is a leading operator of fitness clubs in the province of Alberta, Canada operating under two distinct brands, World Health and Spa Lady. International Fitness provides its members with a value proposition based on three key competitive drivers: value, convenience and personal training.
Jon Canarick, Managing Director, said:
PwC Corporate Finance served as financial advisor to North Castle Partners and the management team in connection with this transaction.