American Pacific Group Completes Investment into Gym Launch and Prestige Labs
Summary
SAN FRANCISCO--(BUSINESS WIRE)--American Pacific Group (“APG”), a San Francisco Bay Area-based private equity firm, announced today that its Fund I has made an investment in Gym Launch and Prestige Labs (together, the “Company”) to support the Company’s strong growth trajectory, continued development of new value-added services for its customers, and new product development. “This is an exciting moment in our Company’s history,” said Alex and Leila Hormozi, founders of Gym Launch and Prestige Labs. American Pacific Group has demonstrated they have the experience and resources to help us foundationally transform the gym industry as a whole and become the company we envision.” “Gym Launch has excelled in providing its clients comprehensive, value-added training resulting in outstanding value and return on investment for its clients,” said Fraser Preston, founder and Managing Partner at APG. American Pacific Group is a San Francisco Bay Area-based private equity firm with $450 million of capital under management. Together, with management teams, American Pacific Group drives sustainable growth in its portfolio companies through the “Q Process”, a proprietary and tested approach to value creation.