The McLean Group’s Franchising Practice Advises Excel Fitness Holdings on its Acquisition by Altamont Capital Partners
Excel Fitness operates 18 Planet Fitness clubs throughout the Dallas and Austin markets. With more than 1,000 locations, Planet Fitness (NYSE: PLNT) is one of the largest and fastest‐growing franchisors and operators of fitness centers in the US. More than 90% of Planet Fitness clubs are owned and operated by independent franchisees.
Excel Fitness President and COO Mike Turner said, “The McLean Group was
instrumental in locating a partner that matches our values and will enable our company to evolve to the next exciting level.”
The transaction is one of the largest investments within the Planet Fitness
franchise system. The McLean Group’s franchising group continues to be active within the network.
ABOUT THE MCLEAN GROUP
The McLean Group’s franchising practice provides a full range of M&A advisory and capital‐raising services to franchisors and multi‐unit franchisees.
The McLean Group is a leading investment bank that provides objective strategic and financial advice on mergers and acquisitions and business valuations. Our investment banking advisory and valuation services are built on comprehensive industry knowledge, extensive transaction experience, senior-level attention to every client engagement, and a real-time understanding of industry-specific value drivers. By partnering with clients and providing strategic advice through every phase of a company’s development, The McLean Group is uniquely positioned to support our clients’ long-term success.