Latham & Watkins Advises Prospect Hill Growth Partners in Sale of Fitness Ventures to Meaningful Partners

Meaningful Partners, LLC announced the closing of its acquisition of Fitness Ventures, LLC, the second largest Crunch Fitness franchisee. Founded by CEO Brian Hibbard in 2016, Fitness Ventures is a leading health and wellness platform that currently owns and operates 47 locations with rights to develop clubs in multiple geographies across the United States.

Latham & Watkins LLP represented Prospect Hill Growth Partners in the transaction with a corporate deal team led by Boston partners Hans Brigham and Elizabeth Slawsby, with associates Gabrielle Carusello, Jihoo Kim, and Samantha Hehir. Advice was also provided on tax matters by Bay Area partner Grace Lee, with associate Rasha Suleiman; on benefits and compensation matters by Chicago counsel Leah Segall, with associate Victoria Wolfe; on intellectual property matters by Boston partner Sarah Gagan, with associate Deborah Hinck; on finance matters by Boston partner Susan Parker, with associate Matthew Farina; and on antitrust matters by Washington, D.C. partner Patrick English.