Exaltare Capital Partners Announces Addition of New Managing Director

Exaltare Capital Partners, LLC (“Exaltare”) is pleased to announce the addition of Benjamin Kahn as a Managing Director. Ben joined from H.I.G. Growth Partners where he served as a Principal in the Boston office and had worked for nine years. “We are excited to have a professional with Ben’s background and level of private equity [...]

Exaltare Capital Partners Announces Close of Exaltare Capital Partners Fund I, L.P. and Recapitalization of Planet Fitness Franchisee

Exaltare Capital Partners, LLC (“Exaltare”) is pleased to announce the successful closing of its initial private equity fund, Exaltare Capital Partners Fund I, L.P. (“Fund I”), at $90 million. Limited partners include a range of sophisticated institutional investors, family offices and asset managers. Founded in 2012, Exaltare is focused on acquiring niche-leading, owner-operated lower middle [...]

Mr. Todd Scartozzi joins ECP-PF as the Chief Operating Officer

Todd Scartozzi joins ECP-PF from Hardage Hospitality, where he served as the Chief Operating Officer for the company.  In this role, Mr. Scartozzi was responsible for the overall operations, performance and capital planning of the Chase Suites Hotels portfolio.  His extensive hotel experience and operational expertise provided the foundation for the company’s improved customer service, [...]

ECP-PF Holdings Group Acquires 8 Planet Fitness Health Clubs in New Mexico

ECP-PF Holdings Group, Inc., an entity jointly owned by private equity firms Exaltare Capital Partners LLC (“Exaltare”), and Brightwood Capital Advisors LLC (“Brightwood”), acquired 8 Planet Fitness health clubs in Albuquerque, NM, owned by franchisee Rick Glassman. ECP-PF Holdings now has 30 total locations in Connecticut and New Mexico. Planet Fitness is the fastest-growing fitness [...]

Private Equity Firms Acquire Connecticut Planet Fitness Franchisee

Jan 9, 2013 Stuart Goldman, Executive Editor | Club Industry PFC Management LLC, a Connecticut-based Planet Fitness franchisee, has been sold to private equity firm Exaltare Capital Partners LLC, Boston, and private investment firm Brightwood Capital Advisors LLC, New York. PFC Management operates 15 clubs throughout Connecticut. The group is owned by Joe Pepe Sr., [...]