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St. Cloud Capital injects capital into Orangetheory Fitness studios operator

St. Cloud Capital LLC, a lower-middle-market private equity firm, invested in Little Rock, Ark.-based Orangetheory Fitness studios operator AR HIIT LLC.

The company operates seven locations and has development rights to launch seven additional studios in Arkansas.

The investment, which was made out of the firm's third fund, will help finance the acquisition by Rock Ridge Growth Partners LLC.