Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Equity Investment in CorePower Yoga, LLC
Baird served as exclusive financial advisor to Catterton Partners
Catterton Partners announced the completion of a significant equity investment in CorePower Yoga, LLC (“CorePower Yoga”). Terms of the transaction were not disclosed.
CorePower Yoga was founded in 2002 by Trevor Tice, a successful entrepreneur who turned to yoga for its health benefits after a climbing injury. With over 80 studios in 12 states, CorePower Yoga is the nation’s largest operator of company-owned yoga studios. CorePower Yoga’s unique style of heated power yoga is physically challenging and combines energy, music, movement and community to create a differentiated yoga experience accessible to everyone. CorePower Yoga is headquartered in Denver, Colorado.
Catterton Partners is a leading consumer-focused private equity firm in North America with more than $3.5 billion currently under management. Since its founding in 1989, Catterton has leveraged its category insight, strategic and operating skills, and network of industry contacts to establish a successful track record in the middle market. Catterton Partners invests in all major consumer segments, including Food and Beverage, Retail and Restaurants, Consumer Products and Services, Consumer Health, and Media and Marketing Services. Catterton Partners is headquartered in Greenwich, Connecticut.