Content area
Full Text
Private equity firm Atlantic Street Capital, Stamford, Connecticut, announced this month it has made a "significant investment" in Planet Fit Indy 10 LLC, a fast-growing Planet Fitness franchise group based in Indianapolis. The company declined to offer the amount of the investment.
Atlantic Street Capital's leadership team will work alongside Planet Fit Indy CEO Mike Campagnolo to grow the franchisee's footprint in the Indianapolis area and beyond. Campagnolo will retain "a significant stake in the new company and lead the company's growth as CEO," according to a March 14 statement.
"The management team at Planet Fitness Corporate is truly remarkable in...