Salt Lake City, the Firm represented client Athletic Club Holdings, Inc. (“The Alaska Club” or “TAC”), in a strategic debt investment by Backcast Partners in support of the recapitalization and growth of TAC. TAC is an existing portfolio company of Partnership Capital Growth (“PCG”), an established private equity sponsor that specializes in consumer facing companies within the healthcare, fitness and lifestyle spaces. The transaction closed in October 2024.
Corporate Shareholders Elisabeth Calvert (Salt Lake City) and Russell Smith (Salt Lake City) led the transaction.
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