NFP Continuation Partners
Managed by Argonne Capital Group
Overview
NFP Continuation Partners was established in connection with the recapitalization of National Fitness Partners, an Argonne portfolio company and a major Planet Fitness franchisee. The vehicle continues Argonne’s ownership of the fitness-franchise platform following the 2023 transaction.
Founded in 2003, Argonne Capital Group is a closely held private investment firm focused on equity investments in established middle-market businesses. It invests across sectors including restaurants, retail, fitness, business services, automotive services and light industrial. Argonne pursues a long-term ownership approach and can structure transactions independently, including corporate carve-outs, management buyouts, family-business divestitures and end-of-fund acquisitions. Its investment approach includes active oversight alongside portfolio-company management teams and draws on real estate expertise where relevant to operating businesses.
Selected investments
- National Fitness Partners — NFP Continuation Partners supports Argonne’s continued ownership of National Fitness Partners, a Planet Fitness franchisee.
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