DLA Piper represented Roark Capital Group, an Atlanta-based private equity firm, in becoming a strategic investor in Orangetheory® Fitness.
Roark’s investment will go toward supporting Orangetheory®’s rapid national and international growth and improve its systems, processes and service quality. Since launching in 2010, Florida-based Orangetheory® has become one of the world’s top fitness franchises, with more than 360 studios in seven countries.
Roark and its affiliates have invested in more than 50 franchise/multi-unit brands in 75 countries.
The DLA Piper team was led by partners Rich Greenstein (Atlanta), Jeff Aronson (Silicon Valley), Jennifer Kashatus (Washington, DC), Gina Zawitowski (Baltimore), Caryn Englander (Chicago), and senior counsel Mark Feldman (Chicago).