{"id":4748,"date":"2019-08-21T02:00:08","date_gmt":"2019-08-21T07:00:08","guid":{"rendered":"http:\/\/www.clubinsideronline.com\/news\/?p=4748"},"modified":"2019-08-27T01:00:26","modified_gmt":"2019-08-27T06:00:26","slug":"st-cloud-capital-announces-growth-capital-investment-in-orangetheory-fitness-franchisee-ar-hiit-llc","status":"publish","type":"post","link":"http:\/\/www.clubinsideronline.com\/news\/chains\/st-cloud-capital-announces-growth-capital-investment-in-orangetheory-fitness-franchisee-ar-hiit-llc\/","title":{"rendered":"St. Cloud Capital Announces Growth Capital Investment in Orangetheory Fitness Franchisee, AR HIIT, LLC"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Orangetheory-Fitness-300x84.jpg\" alt=\"Orangetheory Fitness\" width=\"300\" height=\"84\" class=\"alignnone size-medium wp-image-1711\" srcset=\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Orangetheory-Fitness-300x84.jpg 300w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Orangetheory-Fitness-200x56.jpg 200w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Orangetheory-Fitness-768x215.jpg 768w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Orangetheory-Fitness-800x224.jpg 800w, http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Orangetheory-Fitness.jpg 1500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Orangetheory Fitness<\/p>\n<p><strong>LOS ANGELES, CA<\/strong> &#8211; St. Cloud Capital has announced an investment in Little Rock, Arkansas-based AR HIIT, LLC (the &#8220;Company&#8221;), an Orangetheory Fitness franchisee. It is an investment out of St. Cloud&#8217;s third fund, which has committed capital of $250 million.<\/p>\n<p>The Company is an Orangetheory Fitness franchisee based in Little Rock, AR. The franchisor, Orangetheory Fitness, is a market leader in boutique fitness in the United States with over 1,200 owned\/franchised studios in 50 states and 22 countries.  Its one hour, full body workout is focused on scientifically-derived, group-based workouts broken into intervals of cardiovascular and strength training to deliver superior results by stimulating metabolism and promoting extra calorie burn.<\/p>\n<p>St. Cloud&#8217;s investment was used to help fund the acquisition by Rock Ridge Growth Partners, LLC. The Company currently operates 7 Orangetheory Fitness studios with the development rights to open an additional 7 studios in the State of Arkansas.<\/p>\n<p>Brittany Pitann, Vice President of Sales &#038; Operations of the Company is excited to continue the expansion of Orangetheory Fitness studios.  &#8220;I am thrilled to partner with St. Cloud as we expand Orangetheory Fitness in Arkansas.  This couldn&#8217;t have come at a more perfect time as the fitness industry is truly booming. We cannot wait to grow the market and bring Orangetheory Fitness to many neighboring cities in the state of Arkansas.&#8221;<\/p>\n<p>St. Cloud Capital Managing Partner Ben Hom commented, &#8220;We believe the Company&#8217;s unique offering has allowed it to outpace others in an emerging boutique fitness landscape.  We look forward to working with Brittany and the team to maximize value during our partnership.&#8221;  <\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>LOS ANGELES, CA<\/strong> &#8211; St. Cloud Capital has announced an investment in Little Rock, Arkansas-based AR HIIT, LLC (the &#8220;Company&#8221;), an Orangetheory Fitness franchisee. It is an investment out of St. Cloud&#8217;s third fund, which has committed capital of $250 million. St. Cloud&#8217;s investment was used to help fund the acquisition by Rock Ridge Growth Partners, LLC. The Company currently operates 7 Orangetheory Fitness studios with the development rights to open an additional 7 studios in the State of Arkansas.<\/p>\n","protected":false},"author":1,"featured_media":1711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[221],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/4748"}],"collection":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/comments?post=4748"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/4748\/revisions"}],"predecessor-version":[{"id":4749,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/4748\/revisions\/4749"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/1711"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=4748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=4748"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=4748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}