Gainline Capital Partners Closes Oversubscribed Single-Asset Continuation Fund to Strengthen Partnership with Core Health & Fitness
Gainline Capital Partners (“Gainline”), a Stamford, Connecticut-based private equity firm, today announced the closing of a single-asset continuation fund (the “Fund”) to build upon its partnership with Core Health & Fitness, LLC (“Core” or the “Company”), a global producer and distributor of commercial fitness equipment. The transaction provides existing investors with a liquidity option while raising follow-on capital to support Core’s continued growth and global expansion. The Fund was anchored by StepStone Group (“StepStone”) as sole lead investor, with additional commitments from syndicate investors and Gainline’s existing limited and general partners.
