Madison Capital Funding closed a senior debt facility to finance a leveraged buyout of Maverick Fitness by The Halifax Group. Madison Capital Funding was the Sole Lead Arranger and Administrative Agent. Further terms were not disclosed.
Maverick Fitness is one of the largest franchisees for Orangetheory Fitness. The company is headquartered in Frisco, TX and is comprised of 33 studios in the Dallas-Fort Worth metroplex.
Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $35.5 billion in 1,218 middle market transactions with 309 private equity sponsors.
The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact email@example.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.
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