Kirkland & Ellis represents global consumer-focused investment firm L Catterton in its definitive agreement to acquire a majority stake in [solidcore] from VMG Partners, Kohlberg & Company, and Peterson Partners. The company is a national network of fitness studios providing targeted strength training on custom-built reformers. The investment solidifies [solidcore] as the nation's authority in its category and will continue to position the business for growth in the years to come. The transaction was announced September 25, 2024. Read the transaction press release The Kirkland team was led by corporate partner Joshua Kogan and associates Sumer Marquette, Aida Kimiagar and Linda Yang; debt finance partner Jason Kanner and associate Ashley Martin; tax partner Vincent Thorn and associate Leon Peschel; technology & IP transactions partners Seth Traxler and Bernadette Coppola; real estate partners John Thomas Goldman and Jacob Clark; and executive compensation partners Scott Price and Matthew Wood.