RECENT INVESTMENTS

Costa Mesa, CA

In December of 2019, NHC sponsored and led the recapitalization of, and equity investment into, Aspyr Holdings.  Aspyr is one of the largest area developer and franchisee platforms within Orangetheory® Fitness, operating and overseeing 40 studios in San Diego County, Orange County, Long Beach, San Francisco and East Bay regions of California.  NHC will support Aspyr in its growth plans to further develop, open and acquire studios.

Boca Raton, FL

In July of 2016, NHC acquired majority ownership of this innovative meal plan company delivering freshly prepared, portion controlled healthy meals for active lifestyle consumers.  NHC is an active partner to this Inc. 500 company, helping the co-founders expand and grow the company.

North Little Rock, AR

In January of 2018, NHC invested alongside Thoma Bravo in the buyout of ABC Financial, the nation’s leading software and billing provider for the health and fitness industry, serving over 6,700 locations. ABC’s comprehensive software services include payment processing systems and advanced health club management tools that allow gym owners and managers to track and manage POS transactions, payments, memberships, schedules, and human resource functions. 

Fairfield, CT

NHC acquired majority ownership of this regional fitness club chain with three different brands and stalled growth.  In partnership with the co-founders, the chain grew to ten locations with active pipeline of new sites. Revenues grew over 2x and operating margins were enhanced. Demonstrated scalability of business. Strategic plan in place for accelerated growth. In 2014, Fitness Edge LLC (operating as The Edge Fitness Clubs) was sold to Norwest Equity Partners, an experienced fitness sector investor with a $1.6 billion private equity fund. 

 

In addition, the principals of NHC have led or participated in growth equity investments in the following companies across a wide range of industry sectors

 

 
Сonsumer/Retail: Blowouts

Сonsumer/Retail: Blowouts

Healthcare/Mfg: Hospital Privacy Curtains

Healthcare/Mfg: Hospital Privacy Curtains

Software: B2B payments service (SAAS model)

Software: B2B payments service (SAAS model)

Commercial Distributor: Lace and Craft Products

Commercial Distributor: Lace and Craft Products

Manufacturer/Ecommerce: Direct to Consumer

Manufacturer/Ecommerce: Direct to Consumer