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Solidcore eyes $1bn+ sale

News & Analysis

Solidcore eyes $1bn+ sale

Shubham Saharan, Rachel Butt and Anna Russi22 Oct 2026 | US | 1 minute read

L Catterton-backed fitness chain Solidcore is exploring a sale which could value the company at over $1bn, according to 9fin sources.

The company is working with Piper Sandler, the sources said, and generates roughly $100m of EBITDA. The workout class operator is eyeing a sale that could yield a double digit multiple, sources added, implying an enterprise value of over $1bn.

L Catterton acquired a majority stake in the business in 2024 in a deal that valued the company at more than $600m. Existing lenders to the company include Comvest and Fortress, according to 9fin’s BDC database.

Solidcore joins a host of other fitness chains to explore a sale in recent months, including Hot 8 Yogaand SportCity. Endurance fitness company Hyroxwas also acquired by a consortium of firms led by L Catterton in September.

Piper declined to comment. L Catterton and Solidcore did not respond to requests for comment.

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20 Oct 2026

| Europe

Solidcore eyes $1bn+ sale

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