Kirkland & Ellis advised American Securities LLC, a leading U.S. private equity firm, on its acquisition of United PF Holdings, LLC from JLM Financial and Eagle Merchant Partners. United PF Holdings, LLC is one of the largest Planet Fitness franchisees with 168 gyms across the United States. The acquisition continues American Securities' long history of supporting leading multi-unit consumer services retail businesses. Financial terms of the transaction were not disclosed.
The Kirkland team was led by transactional partners Michael Weisser and Megan Spelman; debt finance partners Melissa Hutson and Suhan Shim; and tax partners Jared Rusman and Ryan Roberts.