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12 Nov, 2021
By Abby Latour
ECP-PF Holdings Group Inc. received debt financing backing an acquisition of the company by TowerBrook Capital Partners.
ECP-PF had been a portfolio company of Brightwood Capital Advisors since 2012.
Brightwood is sole lead arranger and administrative agent on term loan facilities supporting the transaction.
ECP-PF Holdings Group is one of the nation's largest Planet Fitness franchisees, according to the company. It has grown "from a founder-owned, 15-location startup to a 108-location leader in the fitness franchisee sector serving approximately 600,000 members in the United States and Canada," the companies said.