Snapdragon Capital Partners , a leading private equity investment firm focused on high growth consumer companies and a founding investor in Xponential Fitness, Inc., announced today a $30 million investment in Spartan Fitness Holdings, Inc. Spartan or the Company. The funds will be used to expand Spartan’s Club Pilates concept, as well as to acquire and build other health and wellness concepts.
Spartan is a leading boutique fitness platform and the Club Pilates system’s largest franchise owner. Spartan now owns and operates 60 Club Pilates studios across Texas, Florida, North Carolina, Ohio, Massachusetts, Missouri, and Illinois, as well as additional units in other boutique beauty and wellness franchised systems, including Hand & Stone and V/O Med Spa.
Snapdragon is a private equity investment firm that works with high-growth consumer company founders and executives. Xponential Fitness, the world’s largest franchisor of boutique fitness studios, Better Being Co., a whole-body wellness platform, and Fullscript, the healthcare industry’s largest online platform for professional supplements and integrative medicine tools, are all examples of health and wellness companies.
Spartan Fitness Holdings, LLC is the leading boutique fitness platform and the Club Pilates system’s largest franchise owner.
Spartan combines experienced industry-leading management with renowned consumer private equity investors to create one of the world’s largest boutique fitness platforms, which includes Club Pilates and other boutique wellness brands. Spartan has studios in Texas, Florida, North Carolina, Ohio, Massachusetts, Missouri, and Illinois.
With its first acquisition and development agreement for Hand & Stone in Ohio and a development agreement for V/O Med Spa in Florida, the Company recently expanded into the boutique spa industry. Spartan believes in giving back to the community through health, fitness, and community, as evidenced by its mission statement Impact the lives of those we touch.