J.W. Childs buys Honors Holdings, franchisee of Orangetheory Fitness
J.W. Childs Associates LP said Jan. 4 that it has acquired a majority of Honors Holdings LLC, a franchisee of Orangetheory® Fitness. Financial terms weren’t announced. Founder Jamie Weeks will retain a stake. Honors Holdings operates 16 studios in Georgia, Tennessee, South Carolina, Washington and Oregon. Orangetheory Fitness is a 60-minute workout broken into intervals of cardiovascular and strength training. Piper Jaffray & Co provided financial advice Honors Holdings, while Davis Wright Tremaine served as legal counsel. Latham & Watkins served as legal counsel to J.W. Childs.
4 January 2018•3 mins read
