#USA #New York #Private Equity #Founder-Friendly #North Castle

North Castle Partners Celebrates Major Recognition

North Castle Partners has been recognized by Inc. Magazine as a Top Founder-Friendly Private Equity Firm for the fifth consecutive year, a testament to its enduring commitment to supporting entrepreneurs. Since its founding in 1997, this firm has dedicated itself to working alongside founders, entrepreneurs, and management teams in the thriving sectors of health and sustainable living.

2025 has marked an extraordinary year for North Castle. The firm successfully executed several notable transactions that underline its strategic vision and dedication to its partner companies. In January, North Castle completed the sale of its investment in Barry's Bootcamp after a fruitful nine-year collaboration that expanded the fitness brand from just 17 locations to over 100 worldwide. This sale not only highlights the growth potential backed by North Castle but also reflects the fulfilling partnerships they've fostered over the years.

Additionally, in September, North Castle concluded its investment in Turnbridge. This decision was based on the successful partnership with the CEO, which helped to significantly increase the company's capacity to assist young adults and teens dealing with mental health and substance use challenges.

Most recently, CR Fitness Holdings, part of North Castle’s portfolio, secured a strategic growth investment from a global financial entity. This partnership is poised to enhance CR Fitness's role as a leader in the competitive fitness market, known for providing high-value services at accessible prices. Since North Castle's initial investment in 2019, CR Fitness has grown from 19 to an impressive 90 locations and plans to open over 100 more clubs in the following five years, confirming North Castle’s commitment to support founder-led companies.

For over 25 years, North Castle has invested in businesses led by founder entrepreneurs, establishing this approach as a key element of its identity. To date, more than 90% of North Castle’s current partner companies are led by founders in executive positions. Remarkably, every one of the 11 companies in its recent fund has a founder at the helm.

The firm’s philosophy focuses on establishing deep, values-based partnerships, aiding entrepreneurs and their companies in reaching their full potential. Founders often choose to collaborate with North Castle due to its dedicated, hands-on investment approach, which integrates relevant experience and resources vital for success.

In many scenarios, these partnerships continue even after exits, with some founders returning in advisory roles, thus maintaining a connection with North Castle. Notable alumni like Sami Elsaden, founder of Contigo, and Dennis Lee and Tim Porth, founders of Octane Fitness, have remained engaged with the firm, helping shape its future direction while capitalizing on their experiences.

If you are a founder seeking to explore the possibilities with North Castle Partners and learn about their partnership-driven, values-oriented investment strategy, please visit North Castle Partners.

In conclusion, North Castle Partners continues to set an industry standard by recognizing the critical role of founders in business growth. The firm's recent achievements affirm its reputation as a reliable partner for entrepreneurs aiming to build sustainable and prosperous futures.