published on in Latest Trends

TPG Forms New Company to Capitalize on Boutique Fitness Craze

Private equity heavyweight TPG thinks there’s more money in sweat.

The firm’s growth-investing arm is continuing its push into the business of fitness with the acquisition of StretchLab and the creation of a new company, Xponential Fitness, to also encompass its purchases this year of Club Pilates and CycleBar, TPG partner Mark Grabowski said in an interview.

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