Core Health & Fitness, a global leader in commercial fitness equipment manufacturing, received an investment from Gainline Capital Partners.
The financial terms of the deal were not disclosed.
Core’s current senior management team, led by Founder, Chairman and CEO Michael Bruno, will remain in place. This investment will bring Core to its next level of growth and vertical integration.
Core Health & Fitness is a vertically integrated global manufacturer of commercial fitness equipment with a strong market presence across cardio, strength, group cycling and high-intensity interval training (“HIIT”) equipment. Its products are sold under the iconic brands StairMaster, Schwinn, Nautilus, Star Trac and Throwdown.
Gainline Capital Partners is a private equity firm that invests in U.S. based middle market companies.