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Empire Portfolio Group, a Leading Area Developer and Franchisee of Orangetheory® Fitness, Acquires Four Studios in Connecticut

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Insight

Empire Portfolio Group, a Leading Area Developer and Franchisee of Orangetheory® Fitness, Acquires Four Studios in Connecticut

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Mergers & Acquisitions
Private Equity

July 21, 2021

Winston & Strawn LLP represented Empire Portfolio Group (Empire), a leading Area Developer and Franchisee of Orangetheory® Fitness, the heart rate-based, interval-training fitness franchise, in its acquisition of four studios in Fairfield, Norwalk, Westport, and Shelton, Connecticut. With these Connecticut acquisitions, Empire strengthens its ties in the tri-state region with a total of more than 40 studios in Connecticut, New Jersey, and New York. In December 2020, Winston represented Revelstoke Capital Partners, a leading private equity firm focused on health and wellness, in its acquisition of Empire. Since partnering with Revelstoke, Empire has been able to expand career opportunities to current and future staff as well as increase access to the Orangetheory Fitness trifecta of science, coaching, and technology to its growing membership base.

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