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.
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