Kirkland Reps LNK Partners In Fitness Connection Buyout

Law360, New York (October 1, 2013, 5:52 PM EDT) -- LNK Partners, a consumer-focused private equity firm, said Tuesday it will acquire Fitness Connection, a discount gym chain, from fellow buyout firm WestView Capital Partners.

Terms of the transactions weren’t disclosed, but LNK typically maxes out at about $150 million in equity, suggesting the deal — including debt provided by Golub Capital — is less than $400 million.

Fitness Connection has eight locations in North Carolina, Texas and Nevada, and charges between $10 and $20 for monthly memberships. The company said LNK’s backing would help it...
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