The Little Gym's Largest Multi-Unit Franchisee Group Expands to 26 Locations in New Deal
Less than a year after joining The Little Gym International, Somersault Holdings, a private equity-backed franchise operator, has tripled in size, becoming both the brand's largest multi-unit franchisee and the largest owner of units within the Unleashed Brands' youth enrichment platform. With the development of the new gyms, Somersault will have 26 locations across seven states.
Exbo Group conducted comprehensive financial and tax due diligence on behalf of Somersault's acquisition of The Little Gyms. In addition to due diligence, Exbo Group also handled the final closing statement and purchase price allocation as part of our ongoing controllership services to ensure a smooth post-acquisition integration.
Griffin Gordon, Founder and CEO of Taurus Capital Partners, one of The Little Gym’s investors, said, "We are ecstatic to continue growing this impactful child development brand nationwide, as we've already experienced tremendous success in the gyms we've acquired.”