Aligned Fitness Expands with New Studio Acquisitions
Aligned Fitness, part of the Eagle Merchant Partners portfolio, has successfully completed the acquisition of 13 Club Pilates studios. This strategic move significantly enhances the company’s footprint in the fitness industry across multiple states, further solidifying its position in the health and wellness sector.
Growth Strategy in Health and Wellness
The recent acquisitions include locations in North Carolina, South Carolina, and Georgia, paving the way for Aligned Fitness to operate 47 Club Pilates studios across these regions. This growth initiative not only reinforces the company’s stature as one of the leading operators of Club Pilates franchises but also aligns with Eagle Merchant Partners’ strategy to build substantial platforms within the health and wellness space.
Details of the Acquisitions
The acquired studios comprise one in Pinehurst, N.C., one in Athens, Ga., seven in the greater Charlotte area, and four studios located in metro Atlanta. With this expansion, Aligned Fitness aims to establish a stronger presence in these lucrative markets and continue its tradition of providing high-quality fitness experiences.
Commitment to Excellence
Jake Rubenstein from Eagle Merchant Partners commented on these acquisitions, highlighting Aligned Fitness’s commitment to excellence within the Club Pilates franchise system. He noted the company's consistent performance across various markets and its strong focus on enhancing member experiences as a key factor in their successful operational model.
Leadership and Vision
Jon Smith, a founder of Aligned Fitness, spoke about the company's ongoing commitment to responsible practices and sustainable growth. With the backing of Eagle Merchant Partners, Aligned Fitness has successfully acquired two additional franchises earlier this year, expanding their network by 11 studios prior to the latest acquisitions.
Looking Forward: Expansion Plans
The momentum experienced by Aligned Fitness is indicative of a clear operational strategy that prioritizes quality and consistency in delivering fitness services. Smith’s vision for the company revolves around investing in instructors and collaborating closely with local teams, which will undoubtedly foster further growth and expansion opportunities. With plans for new studio developments and additional franchise acquisitions, the future looks bright for Aligned Fitness.
Market Presence and Future Opportunities
These new acquisitions serve to not only enhance Aligned Fitness’s existing market presence in Charlotte and Atlanta but also set the stage for future developments in adjacent markets. As the fitness industry continues to grow, Aligned Fitness is poised to capture new opportunities that align with its commitment to providing exceptional fitness experiences.
About Eagle Merchant Partners
Eagle Merchant Partners is a private equity firm that focuses on investing in founder-owned companies across the Southeast. Their investment strategy centers on various sectors, including franchises and commercial services, where they work closely with management teams to cultivate scalable and sustainable long-term growth.
Frequently Asked Questions
What is Aligned Fitness?
Aligned Fitness is a fitness company focused on operating Club Pilates franchises to enhance health and wellness across various states.
How many Club Pilates studios did Aligned Fitness acquire?
Aligned Fitness acquired 13 new Club Pilates studios in its recent expansion effort.
What is the goal of these acquisitions?
The acquisitions aim to strengthen Aligned Fitness's market presence and provide high-quality fitness experiences to more members.
Who are the founders of Aligned Fitness?
Aligned Fitness was founded by Jon Smith and Kerry & Joe Ruggieri in 2016.
What is Eagle Merchant Partners' focus?
Eagle Merchant Partners specializes in investing in founder-owned businesses in the Southeast, particularly in franchises and commercial services.
