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January 11, 2019 / Portfolio News
Brentwood Associates (“Brentwood”), a leading middle-market private equity investment firm, announced it has acquired a majority interest in Afterburn Holdings, LLC (“Afterburn Holdings” or the “Company”). Afterburn Holdings is a leading Orangetheory® Fitness franchisee that operates 12 studios and oversees an additional eight studios in Houston, Texas. Current operators, Jim Potesta and Marty Reichenthal, will…
January 8, 2019 / Portfolio News
The lunch rush should be over at the contemporary fast casual on Colorado Boulevard in Pasadena, California, and yet the place is buzzing. A queue of customers slowly marches its way down a make line while employees flutter around to the closely arranged tables, delivering food and clearing dishes. At a table in the back,…
January 7, 2019 / Portfolio News
The 300-location mark is a pretty big deal in franchising; it’s a milestone that few concepts ever reach. Just 108 franchised brands have grown beyond the 300 mark. It was a nice milestone at Blaze, but when the company ticked over 300 in November 2018, CEO Jim Mizes didn’t spend too much time patting his…
December 7, 2018 / Portfolio News
Marshall Retail Group (MRG), the largest independent speciality retailer in the US airport, casino and resort market, has opened new stores at New York LaGuardia Airport’s new Terminal B, and at Los Angeles International Airport Terminal 1. At LaGuardia, the 1,900sq ft (177sq m) District Market concept– among the first set of new retail options at…
November 1, 2018 / Portfolio News
Blaze Fast-Fire’d Pizza, the recognized world leader in fast artisanal pizza, today announced that it has opened its 300th restaurant — just two months after celebrating its sixth birthday. Founded with two locations in 2012, Blaze Pizza has built momentum and developed a cult following as it has expanded from its California base into 42…
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