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Behind The Buyouts: TSG's LeComte on Consumer M&A in 2025

The Deal

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Investment Strategies in Fitness Franchising

This chapter explores the investment journey and strategic decisions behind the speakers' partnership with Planet Fitness, detailing their engagement since 2012 and the growth of franchises under private equity. It highlights their investment philosophy, operational enhancements, and the successful sale of Sunshine Fitness back to Planet Fitness for $800 million.

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