Friday, May 5, 2017

TPG Growth Invests In Club Pilates

Texas-based private equity investor TPG Growth has made an investment in Club Pilates, a franchisor of Pilates studios, the company said on Thursday. Size of the investment was not announced. Club Pilates is based in Los Angeles. TPG Growth said the investment will help it build on its health and wellness focus. TPG Growth's efforts in the deal were led by Mark Grabowski. TPG Growth said the investment adds to other health and wellness investments it has made, including investments in healthy snack payer Angie's, vitamin and nutritional firm Schiff Nutrition, and franchise investments in such companies as tex mex chain Taco Bueno and PJ United, the franchisee of pizza delivery brand Papa John's.