clubfit  


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CLUBFIT is a leading operator of fitness clubs in the province of Alberta, Canada. The Company currently operates 5 health clubs in Edmonton, Alberta’s largest city.

The Company provides health club services to approximately 25,000 members, offering fitness memberships and other ancillary services including group exercise classes, personal training and nutrition programs. The CLUBFIT mission is to help members reach personal health and wellness goals by providing them with the best equipment and fitness services in a clean and safe environment.

In July 2008, York Street structured and provided a C$12.6MM capital solution, consisting of C$12.0MM in unitranche notes (the previously structured acquisition note facility for North Castle’s original acquisition of World Health Club) and C$0.6MM of common equity, to support the add-on acquisition of CLUBFIT by World Health Club, a portfolio company of York Street Capital Partners and North Castle Partners.

North Castle Partners: http://www.northcastlepartners.com

 

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