![\"Merrithew\"](\"http:\/\/www.clubinsideronline.com\/news\/wp-content\/uploads\/Merrithew-1-300x50.png\")
Merrithew<\/p>\nMerrithew<\/p>\n
TORONTO, ONTARIO<\/strong> – ONCAP announces it has purchased a majority stake in Merrithew International Inc. (\u201cMerrithew\u2122\u201d or the \u201cCompany\u201d), in partnership with the company\u2019s founders, Lindsay and Moira Merrithew.<\/p>\n Merrithew is a global leader in mindful movement as one of the largest developers, manufacturers and retailers of Pilates equipment, accessories, content and education worldwide. The Company\u2019s innovative education and certification programs for fitness instructors operate under several global brands including STOTT PILATES\u00ae, ZEN\u2022GA\u00ae , Total Barre\u00ae, Halo\u00ae Training, Merrithew Fascial Movement and CORE\u2122 Athletic Conditioning and Performance Training\u2122. Founded in 1988 and headquartered in Toronto, Ontario, Merrithew has trained more than 60,000 instructors and partners worldwide since inception.<\/p>\n \u201cToday\u2019s announcement marks an exciting new chapter for Merrithew\u2019s continued global growth and expansion with the support of ONCAP,\u201d said Lindsay G. Merrithew, President & CEO of Merrithew. \u201cONCAP\u2019s impressive track record backing founder-owned businesses gave our family the utmost confidence they are the ideal partner for us.\u201d<\/p>\n \u201cMerrithew is recognized by consumers globally for its high-quality and innovative equipment, accessories and education courses and content, with an unparalleled commitment to exceptional customer service,\u201d said Wole James, a Managing Director with ONCAP. \u201cWe are delighted to be partnering with Lindsay, Moira and the Merrithew team to further build on the Company\u2019s tremendous success and global expansion through a variety of organic and acquisition growth initiatives.\u201d<\/p>\n The investment was made by ONCAP IV, Onex Corporation\u2019s (TSX:ONEX) $1.1 billion fund. The terms of the transaction are not being disclosed at this time.<\/p>\n","protected":false},"excerpt":{"rendered":" TORONTO, ONTARIO<\/strong> – ONCAP announces it has purchased a majority stake in Merrithew International Inc. (\u201cMerrithew\u2122\u201d or the \u201cCompany\u201d), in partnership with the company\u2019s founders, Lindsay and Moira Merrithew. The investment was made by ONCAP IV, Onex Corporation\u2019s (TSX:ONEX) $1.1 billion fund. The terms of the transaction are not being disclosed at this time.<\/p>\n","protected":false},"author":1,"featured_media":3223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[103],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/7770"}],"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=7770"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/7770\/revisions"}],"predecessor-version":[{"id":7771,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/7770\/revisions\/7771"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/3223"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=7770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=7770"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=7770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}