Equinox Fitness Clubs Receives Investment from L Catterton
New York – Paul Hastings LLP, a leading global law firm, announced today that the firm represented Equinox, the high-performance lifestyle leader, in the sale of a minority stake in Equinox by the consumer-focused private equity firm, L Catterton.
Equinox operates 89 upscale, full-service clubs in New York, Los Angeles, San Francisco, Miami, Chicago, Boston, Dallas, Houston and Washington, DC, as well as international locations in London,Toronto and Vancouver. The company offers an integrated selection of Equinox-branded programs, services and products, including strength and cardio training, studio classes, personal training, spa services and products, apparel and food/juice bars.
Paul Hastings has advised Equinox on numerous strategic acquisitions and financings for more than a decade, including Equinox’s purchase of The Sports Club/LA fitness clubs located in Los Angeles, Beverly Hills, Orange County, New York, San Francisco, Washington D.C., Boston and Miami, the Reebok Sports Club/NY fitness club on the Upper West Side of Manhattan; and the 2011 acquisition of SoulCycle.
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