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Six Club Pilates studios in New Jersey are under new ownership.

Under two agreements announced June 3, Aligned Fitness Holdings acquired sites in:

• Shrewsbury
• Middletown
• Bridgewater
• Flemington
• Montgomery
• Princeton

Financial terms were not disclosed. Based in Atlanta, Aligned Fitness Holdings is one of the nation’s leading operators within the Club Pilates system.

The latest acquisitions bring the 10-year-old company’s portfolio to 61 studios across the U.S. It also marks Aligned Fitness’ entry into the New Jersey market.

Club Pilates launched 19 years ago in San Diego as a boutique fitness franchise specializing in Reformer-based Pilates workouts. With more than 1,200 locations worldwide, the Xponential Fitness-owned brand is the largest Pilates chain in the industry. In New Jersey, it has more than a dozen sites.

Boutique fitness builds strength

Aligned Fitness Holdings purchased the studios in Shrewsbury and Middletown from local entrepreneur Gary Laden. Meanwhile, Karen and Todd Spidare previously owned the locations in Bridgewater, Flemington, Montgomery and Princeton, according to the company.

Aligned Fitness co-founder Jon Smith commented, “Gary, Todd and Karen built outstanding businesses with strong teams, loyal members and excellent reputations in their communities. We’re excited to welcome them into the Aligned family and continue building upon the foundation they created.”

The operator says its growth has been supported through a partnership with Eagle Merchant Partners. The Atlanta-headquartered private equity firm focuses on investments in health, wellness and consumer services businesses.

Eagle Merchant Partners Principal Jake Rubenstein shared, “These acquisitions reflect the continued strength of the boutique fitness category and the significant opportunity we see within the Club Pilates ecosystem. Aligned has established itself as a highly respected operator with a disciplined growth strategy, and we believe there remains substantial runway for expansion through partnerships with best-in-class franchisees.”

Smith said he expects continued consolidation opportunities within the boutique fitness industry, and remains focused on identifying franchisees that align culturally and operationally with the company’s long-term vision.

“We believe there is significant opportunity ahead,” Smith said. “The Club Pilates brand continues to resonate with consumers, and we are actively looking for the right franchise partners who want to continue growing alongside us.”