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

The Deal

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Post-Pandemic Fitness and Resilience of Services

This chapter explores the recovery of the fitness industry in the aftermath of the pandemic, highlighting shifts in consumer behavior towards traditional gyms and home workouts. It also examines the significant growth of a family-owned restoration business amidst changing market conditions and strategic acquisitions. Additionally, the discussion covers the broader consumer M&A landscape, with focus on sectors like fitness and beauty care, while addressing the impact of tariffs and inflation on service-based industries.

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