Fitter, Happier: PE Firms Keep Joining Gyms Despite Obstacles

With less than 10 weeks to go before New Year’s resolutions kick in, ClearLight Partners and Riveria Investment Group are getting into the gym, acquiring an operator of Planet Fitness franchises.

ClearLight and Riveria join a long line of other sponsors who have gotten into the fitness craze. But similar to workout programs, the investments have produced mixed results.