Curves Bought by Private Equity Firm North Castle Partners
A shuttered Curves Fitness
Josh Kosman of the NY Post has reported that the Heavin family, the Curves founding group, has sold to private equity firm North Castle Partners.
Kosman reported that the franchisor company's EBITDA has fallen from $65 to $20 million. The terms of the purchase were not disclosed.
Curves, and mostly the franchisees, has been plagued for some time with fitness center closures.
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Chain restaurant earnings and economics expert John A. Gordon at Pacific Management Consulting Group provides analysis and management solutions to those who need to know about chain restaurant performance, yielding the right information at the right time.
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Franchise Operations
