Who Owns Orangetheory?


A boutique well being class chain with headquarters in Boca Raton, Florida, is named Orangetheory Fitness. Ellen Latham, a founding member, inaugurated the first studio in Fort Lauderdale, Florida, in 2010.

One group makes use of the treadmills during the hour-long lesson, whereas the alternative makes use of weights or rowers or every. With locations in 50 states and 23 nations, Orangetheory Fitness has larger than 1,300 studios.

The enterprise has grown since its establishment in 2010 and, in 2018, systemwide revenues surpassed $1 billion. More than 1,000,000 people are members of the chain as of 2020.

In the 2016 “Franchise 500” guidelines of the best franchises on the planet, printed by Entrepreneur journal, Orangetheory Fitness was positioned #255, and it was named #415 on Inc. journal’s guidelines of the fastest-growing private companies.

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It moved up the “Franchise 500” rankings, reaching #25 in 2019 and #43 in 2020.

Who Owns Orangetheory?

Since 2016, Orangetheory’s dad or mum agency has been owned by Roark Capital Group. American private equity company Roark Capital Group manages larger than $33 billion in property.

The agency’s fundamental areas of curiosity are franchise/multi-location, restaurant and meals, effectively being and wellness, and enterprise suppliers sectors for leveraged buyout investments in middle-market companies.

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