Global law firm Greenberg Traurig, LLP advised investment firm
Meaningful Partners, a California-based private equity fund, in its
acquisition of Fitness Ventures LLC, the second-largest Crunch
Fitness franchisee worldwide.
LOS
ANGELES, Aug. 1, 2024 /PRNewswire-PRWeb/ --
Global law firm Greenberg Traurig, LLP advised
investment firm Meaningful Partners, a California-based private equity fund, in its
acquisition of Fitness Ventures LLC, the second-largest Crunch
Fitness franchisee worldwide.
Crunch Fitness is the fastest-growing big box franchised fitness
club system in the high-value/low-price category, with more than
2.5 million members and 460 locations, according to a press release
issued by Fitness Ventures.
"We are excited about our partnership with Fitness Ventures, a
company with a strong vision and exceptional execution that has
positioned itself for accelerated growth," said Amin Maredia, co-founder and managing partner of
Meaningful Partners. "We are grateful to the Greenberg Traurig team
for remarkable advice and counsel consistent with the firm's
approach of proactive advice, skilled counsel, and vast
resources."
The Greenberg Traurig team was led by Corporate Global Co-Chair
Mark J. Kelson, Corporate
Shareholder Ron B. Birnkrant, and
Corporate Associate Katie N.
Saucier, all based in the firm's Los Angeles office.
Other team members included Data Privacy & Cybersecurity
Shareholder Darren J. Abernethy in San
Francisco, Intellectual Property & Technology
Shareholder Brian S. Kelly in Los
Angeles, Tax Shareholder Mindy B. Leathe in Miami, Corporate Shareholder Kyle C. Lennox in
Chicago, Corporate Shareholder
Justin E. Mann in Delaware,
Corporate Shareholder Arleen A. Nand in Minneapolis, Antitrust Litigation &
Competition Regulation Shareholder Stephen M. Pepper in
New York, Corporate Shareholder
Emily Stephens in Los Angeles, Tax
Shareholder Margaret J. Weil in Minneapolis, Real Estate Shareholder Alison R.
Weinberg-Fahey in Silicon Valley and Salt
Lake City, Labor & Employment Shareholder Natasha L.
Wilson in Atlanta, Corporate
Practice Group Attorney Adrian F.
Wiley in Chicago, Corporate
Associate Ethan A. Bahar in Los
Angeles, Banking & Financial Services Associate Amanda
M. Blaske in Boston, Corporate
Associate Alexis Frese in Los
Angeles, Real Estate Associate Katelyn A. Giel in
Phoenix, Corporate Associate
Jeffrey Hassan in Los Angeles,
Corporate Associate Colin Krull in Chicago, and Corporate Associate Kevin Shin in
Los Angeles.
About Meaningful Partners: Meaningful Partners, with offices in
Los Angeles, CA and Austin, TX, invests in purposeful consumer
businesses that have earned customer trust and loyalty, demonstrate
a commitment to all stakeholders, and are led by management teams
empowering positive purpose and performance. Meaningful Partners
makes control and minority equity investments typically ranging
from $10 million to $75+ million in
lower-middle market and high-growth companies. The firm is led by
an experienced investor and operator management team that leverages
an Expert Community of 45+ CEO/Founders and discipline experts with
over 850+ years of collective experience who bring relevant domain
expertise to help accelerate the growth and impact at our partner
companies. More at http://www.meaningfulpartners.com.
About Greenberg Traurig's Mergers & Acquisitions Practice:
Public and private companies around the world turn to Greenberg
Traurig for their M&A transactions. The firm advises clients in
a variety of business combinations, across industries and deal
sizes, from middle-market transactions to multi-billion dollar
deals. The firm's vast experience with cross-border transactions
includes advising companies and entrepreneurs throughout the
Americas, Europe, Asia, and Africa. To learn more about Greenberg
Traurig's Mergers & Acquisitions Practice, click here.
About Greenberg Traurig: Greenberg Traurig, LLP has more than
2750 attorneys in 47 locations in the
United States, Europe and
the Middle East, Latin America, and Asia. The firm is a 2022 BTI "Highly
Recommended Law Firm" for superior client service and is
consistently among the top firms on the Am Law Global 100 and NLJ
500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The
Diversity Lab. The firm is recognized for powering its U.S. offices
with 100% renewable energy as certified by the Center for Resource
Solutions Green-e® Energy program and is a member of the U.S. EPA's
Green Power Partnership Program. The firm is known for its
philanthropic giving, innovation, diversity, and pro bono. Web:
http://www.gtlaw.com.
Media Contact
Sarah Mirza, Greenberg Traurig,
+1 310.586.7875, sarah.mirza@gtlaw.com, gtlaw.com
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SOURCE Greenberg Traurig