North Castle Partners

North Castle Partners, LLC is a private equity firm founded in 1997, based in Greenwich, Connecticut, with an additional office in San Francisco, California. The firm specializes in acquiring and investing in small-cap, middle-market consumer businesses that focus on health, wellness, and active living. Its investment strategy encompasses a diverse range of sectors, including beauty and personal care, consumer health, fitness and recreation, home and leisure, and specialty nutrition. North Castle Partners seeks companies engaged in areas such as natural personal care, home healthcare services, fitness equipment, and healthy food products. The firm typically invests between $10 million and $75 million in companies with enterprise values ranging from $30 million to $500 million and revenues between $10 million and $200 million. North Castle Partners aims to make majority and control investments, primarily in consumer-driven product and service sectors across North America. The firm's focus aligns with the growing demand for products and services that promote longevity and quality of life, driven by demographic trends and a shift towards healthier lifestyles.

Charles Fitz Baird

Founder, CEO, Managing Partner and MD

Jennifer Barsky

VP

Alan Bui

VP

Jonathan Canarick

Managing Director

Jon Canarick

Managing Partner

Roy Chin

Principal

Alison Delfoe

Associate

Leslie Fuda

Associate

Jay Galluzzo

Managing Director

Bobby Hally

Associate

John Mcmahon

Associate

Alison Minter

Managing Partner

Hemanshu Patel

Principal

Alyse Skidmore

Partner / CFO / CCO

David Weston

Partner

42 past transactions

TheraGun

Private Equity Round in 2022
Therabody is a developer of medical devices for targeted vibration therapy and pain relief.

Glow Recipe

Venture Round in 2021
Glow Recipe is the first and only natural Korean beauty site founded and curated by industry veterans, with an eye on globalizing the secrets behind the glowing skin of Korean women. Founded in 2014 by Sarah Lee and Christine Chang, Glow Recipe is the online destination for cruelty free, natural, fun and truly effective Korean Beauty. - Featured in Vogue, Allure, Forbes, Marie Claire, Instyle, Cosmopolitan, among others - Featured on Shark Tank - Nationwide offline launch with Sephora and three GR-exclusive brands in September 2016 - K-beauty Popup in Lane Crawford - Glow Recipe will be spearheading QVC's first ever 1 hour K-beauty show in Dec 2016.

Genexa Inc.

Series A in 2021
Genexa Inc. is a pharmaceutical company based in Beverly Hills, California, that specializes in manufacturing and selling over-the-counter medicines. Founded in 2014, the company focuses on providing clean medicine solutions, offering products for a variety of health concerns, including sleep and stress, pain relief, digestive health, and treatments for infants and children, as well as cold, flu, sinus, and allergy conditions. Genexa distinguishes itself by using the same active ingredients found in traditional medicines while eliminating artificial additives, dyes, allergens, and unnecessary chemicals. Its products are available for purchase through its online store and in various retail outlets, reflecting a commitment to quality and consumer health.

Echelon Fitness

Funding Round in 2020
Echelon Fitness is a new approach to fitness. Echelon knows its hard to find a workout that consistently fits your schedule, and home workout programs never seem to live up to their promises. Echelon Fitness has created a professional, studio-quality fitness experience that you can do on your time, and in the comfort of your own home. Echelon classes have a variety of classes and programs that will be live and available on-demand. These programs include studio-level cycle classes, yoga, and other core strengthening programs.

Sparx Hockey

Private Equity Round in 2020
Their mission is to deliver a skate sharpening product that allows every hockey player to maintain their own skates at peak performance anywhere and at anytime. Founded in 2013, The Sparx Hockey team is passionate about every detail and laser focused on execution.

BlueRoot Health

Venture Round in 2020
BlueRoot Health is a healthcare company that offers vitamins, supplements, nutraceuticals, nutrition, health, and wellness products. The company's headquarters are in Middletown, Connecticut.

Five Iron Golf

Seed Round in 2020
Five Iron Golf, founded in 2015 and based in New York City, operates as an indoor golf facility catering to both professionals and sports enthusiasts. The company provides a variety of amenities, including full swing and TrackMan simulators, access to teaching professionals, a full bar, and a chef-inspired menu. In addition to these features, Five Iron Golf offers event spaces, creating an inclusive and accessible urban golf experience for its customers.

EWC Growth

Seed Round in 2020
EWC Growth franchisee European Wax Center works with employees to drive growth. Kal Gullapalli founded the company in 2020, and it is based in Needham Heights, Massachusetts.

Crunch LLC

Private Equity Round in 2019
Crunch LLC operates a network of fitness centers and franchises across the United States and Australia, catering to a diverse clientele. Established in 1989 in New York City, the company provides a variety of fitness classes, including hip-hop aerobics, yoga, cycling, and wrestling, alongside personal training and treadmill services. With a focus on affordability, Crunch aims to enhance the fitness experience through its well-equipped gyms and supportive trainers. In addition to its fitness offerings, the company markets gym apparel and accessories through its online store. Crunch LLC has expanded its reach significantly and now boasts more than 500,000 members across multiple states and territories, reflecting its commitment to making fitness accessible to all.

Maya Kaimal Foods

Private Equity Round in 2019
Maya Kaimal Fine Indian Foods, LLC produces groceries and related products. It products, includes everyday dal, shelf stable sauces, refrigerated sauces, chickpea chips, naan chips and cookbooks. The company provides recipes for tikka masala, coconut curry, vindaloo, madras curry, Kashmiri curry, butter masala, goan coconut, jalfrezi curry, spicy ketchup, and appetizers and snacks. Maya Kaimal Fine Indian Foods, LLC was founded in 2002 and is based in Rhinebeck, New York.

Mack Weldon

Venture Round in 2019
Mack Weldon is a designer and retailer of men's clothing. It specializes in clothing products that include men's underwear, T-shirts, socks, bottoms, and other accessories. Mack Weldon is dedicated to reinventing men's basics. It was founded in 2011 and is headquartered in New York.

Kettlebell Kitchen

Series B in 2018
Kettlebell Kitchen Inc. provides fitness-focused online meal delivery service with weight management. The company was founded in 2013 and is based in Brooklyn, New York.

VitaCup

Venture Round in 2018
VitaCup, LLC manufactures vitamin-infused coffee and tea. The company offers its products through online. The company was founded in 2017 and is based in San Diego, California.

Encore Vet Group

Seed Round in 2018
Encore Vet Group is a veterinary company that was formed to buy veterinary clinics. The company was founded in 2018 and is headquartered in Saratoga Springs, New York.

Full Swing Golf

Private Equity Round in 2017
Full Swing Golf, Inc. is a manufacturer and distributor of golf simulators catering to professionals, enthusiasts, and various businesses. Founded in 1986 and based in San Diego, California, the company specializes in indoor golf simulation technology that features an advanced infrared tracking system and a multi-surface hitting area. Its golf simulation solutions are designed for a wide range of applications, including training facilities, resorts, clubhouses, sports retailers, and luxury homes. Full Swing Golf offers several configurations of its simulators, allowing for customization to meet the specific needs of its diverse clientele. The company distributes its products globally, ensuring a comprehensive player experience with features like ball tracking and access to championship courses.

HydroMassage

Private Equity Round in 2016
Hydromassage manufactures new and innovative products that bring comfort, relief, and relaxation to people all over the world. HydroMassage is a brand of JTL Enterprises, with headquarters in Clearwater, Florida. JTL was developed in 1989 to manufacture new and innovative products that bring comfort, relief and relaxation to people all over the world.

SLT

Private Equity Round in 2016
SLT Group is a boutique fitness studio operator focused on providing engaging full-body workouts primarily in the New York and New Jersey metropolitan areas. The company caters to fitness enthusiasts by offering intense, comprehensive exercise sessions designed to help clients achieve their fitness goals. With a commitment to delivering smart and effective workouts, SLT Group creates an environment that fosters both physical challenges and community engagement.

Turning Point

Private Equity Round in 2016
Founded in 2003 by David Vieau, CEO, Turning Point is an integrated residential and outpatient clinical therapy system for clients afflicted with substance abuse and related co-occurring mental health issues. The company currently operates 8 facilities, providing a three-phased approach of integrated behavioral programming and outpatient clinical therapy that allows clients to progress from dependence to independence to reintegration into society.

ProSupps

Venture Round in 2016
ProSupps USA LLC is a manufacturer and marketer of nutritional supplements focused on promoting healthy living. Headquartered in Frisco, Texas, the company offers a diverse range of products, including weight loss aids, pre-workout and post-workout supplements, endurance products, muscle growth formulas, and various stacks. ProSupps primarily serves elite athletes and fitness enthusiasts, aiming to enhance performance, physique, and recovery. The company's products are distributed through field representatives, customer service personnel, and online channels, both in the United States and internationally.

SmartyPants Vitamins

Venture Round in 2015
SmartyPants Vitamins offers gummy vitamins that include multivitamin, omega-3, and vitamin D supplements for kids and adults. It is a vitamin company that creates All-in-One gummy vitamins for both kids and adults, combining a full multivitamin supplement, omega 3 supplements, and vitamin D supplement into one serving of gummies. The company was founded in 2010 and is based in Venice, California.

Barry's Bootcamp

Private Equity Round in 2015
Barry's Bootcamp, LLC operates a chain of fitness studios specializing in high-intensity cardio and strength training workouts. Founded in 1998 and based in Sherman Oaks, California, the company has expanded its presence across various locations, including California, Florida, Massachusetts, New York, Tennessee, Norway, and the United Kingdom. Each session typically consists of 30 minutes on a treadmill followed by 30 minutes of strength training, all guided by expert instructors and accompanied by energetic music. In addition to its fitness services, Barry's Bootcamp also offers fitness clothing and merchandise for sale online.

Sprout Organics

Acquisition in 2015
Sprout Foods, Inc. specializes in organic baby food, offering a diverse range of products including whole grain oatmeal, fruits, various vegetable blends, and toddler meals. Founded in 2004 and based in Duluth, Georgia, the company prioritizes healthy eating habits for children by using 100% USDA certified organic ingredients without added sugars, preservatives, or artificial additives. The products, designed by co-founder and chef Tyler Florence, are packaged in convenient, lightweight, BPA-free pouches that can be upcycled to minimize environmental impact. Sprout Foods distributes its offerings through local retailers and online, aiming to provide nutritious and delicious options for young children.

Turnbridge

Seed Round in 2015
Turnbridge, LLC, established in 2003 and located in New Haven, Connecticut, offers specialized healthcare treatment programs for young men and women dealing with addiction and co-occurring mental health disorders. The company focuses on providing comprehensive services for young adults and adolescents, including drug rehabilitation, sober living arrangements, and extended care for long-term addiction recovery. Turnbridge employs integrated residential and outpatient clinical therapy systems designed to help patients effectively manage their conditions and achieve lasting recovery from substance abuse and associated mental health challenges.

Curves

Private Equity Round in 2012
Curves is a fitness organization that specializes in providing a comprehensive fitness and nutrition solution tailored primarily for women. The cornerstone of their offering is a 30-minute workout that effectively engages every major muscle group, allowing participants to burn up to 500 calories through a combination of strength training, cardio, and stretching. Beyond physical fitness, Curves promotes a sense of community among its members by organizing club events and promotions that support charitable causes and raise awareness about health-related issues. This approach not only fosters lasting friendships but also encourages women to take charge of their health and well-being within a supportive environment.

Ibex

Private Equity Round in 2010
Ibex is a company based in White River Junction, Vermont, specializing in the design, marketing, manufacturing, and distribution of premium wool and wool-based technical apparel and accessories. The company sources its wool from farms that undergo regular inspections to ensure the humane treatment of sheep. Recognizing the apparel industry's significant impact on the environment, accounting for 10% of global carbon emissions, Ibex is committed to measuring and reducing its carbon footprint. This includes collaborating with its supply chain to minimize emissions and implementing strategies to offset any remaining carbon output.

Mineral Fusion

Venture Round in 2010
Mineral Fusion began as a mineral cosmetics brand in 2007. Mineral Fusion is now the leading natural cosmetic brand in the naturals channel, proudly offering cosmetics that instantly improve your complexion while nourishing the skin. A range of shampoos, conditioners, body lotions, body washes and a full skin care line are our latest innovations - each delivering the uniquely beneficial power of minerals to the skin. All of our products are made in the USA and many of them are still handmade.

Flatout

Venture Round in 2010
Flatout, Inc. produces flatbreads. It offers light, healthy grain, gluten free, artisan, artisan thin pizza, and traditional flatbreads. The company sells its products through stores and online. Flatout, Inc. was formerly known as Pattco Inc. and changed its name to Flatout, Inc. The company was founded in 1990 and is based in Saline, Michigan. As of March 13, 2015, Flatout, Inc. operates as a subsidiary of T. Marzetti Company.

Octane Fitness

Venture Round in 2005
Octane is an international fitness products company focused on reinventing zero-impact cardiovascular exercise. The Company has perfected the elliptical machine, introduced a new category with the xRide® recumbent elliptical, designed strength-infused cardio with the unique CROSS CiRCUIT®, created exercise in a new direction with the LateralX®, reinvented running with the Zero Runner®, optimized cross training with the XT-One™ that does it all and is leading smarter training with SmartLink™. Defined by standout innovations, and driven to deliver more effective, efficient and rewarding workouts, Octane provides outstanding quality and service excellence to the specialty retailer, health club and consumer markets.

DDFSkincare

Venture Round in 2004
DDF was created in 1991 it was a pioneering brand, one of the first retail skin care lines created by a top dermatologist

CRC Health Group Inc.

Venture Round in 2002
CRC Health Group provides the most comprehensive network of specialized behavioral health care services in the nation. CRC offers the largest array of personalized treatment options, allowing individuals, families and professionals to choose the most appropriate treatment setting for their behavioral, addiction, weight management and therapeutic education needs. CRC is committed to making its services widely and easily available, while maintaining a passion for delivering advanced treatment. For over three decades, CRC programs have helped individuals and families reclaim and enrich their lives.

Avalon Organics

Venture Round in 2002
Avalon Organics is an organi company

Equinox Fitness

Acquisition in 2000
Equinox operates 89 upscale, full-service clubs in New York, Los Angeles, San Francisco, Miami, Chicago, Boston, Dallas, Houston and Washington, DC, as well as international locations in London, Toronto and Vancouver. The company offers an integrated selection of Equinox-branded programs, services and products, including strength and cardio training, studio classes, personal training, spa services and products, apparel and food/juice bars.

IdeaForest

Series B in 2000
IdeaForest is a total web solution provider that offers hosting services that follows trends in self-service technology and a mail server that employs the latest technologies in eliminating e-mail spam and viruses. Its objective is to make web presence for our clients as complete and hassle-free as possible. IdeaForest also provides Manila hosting services and Apache private domain hosting plan for its users. Its servers are located in a facility boasting redundant connections to the internet, redundant power backup and generators, controlled climate, on-call technicians, and full security with camera surveillance. IdeaForest was founded in 1999 and is headquartered in El Segundo, I.L.

WholePeople.com

Venture Round in 2000
WholePeople.com Inc. is a diverse e-commerce platform focused on the "Whole Living" sector. It offers a comprehensive range of information and products related to health and wellness, including natural vitamins, supplements, herbs, and body care items. The website features sections dedicated to health and body, food, natural home, travel, and wellness plans approved by physicians. This allows users to access relevant information while also providing the option to purchase various goods online, catering to a global audience interested in holistic health solutions.

IdeaForest

Series A in 1999
IdeaForest is a total web solution provider that offers hosting services that follows trends in self-service technology and a mail server that employs the latest technologies in eliminating e-mail spam and viruses. Its objective is to make web presence for our clients as complete and hassle-free as possible. IdeaForest also provides Manila hosting services and Apache private domain hosting plan for its users. Its servers are located in a facility boasting redundant connections to the internet, redundant power backup and generators, controlled climate, on-call technicians, and full security with camera surveillance. IdeaForest was founded in 1999 and is headquartered in El Segundo, I.L.

Mothernature.com

Series B in 1999
Mothernature.com is a online retail store and information source for vitamins, supplements, minerals and other natural and healthy living products. Through their innovative combination of content and commerce, they intend to establish MotherNature.com as the preferred destination for consumers interested in natural and healthy living products.

Grand Expeditions

Venture Round in 1999
Grand Expeditions is committed to delivering unforgettable journeys to some of the most unique and exotic destinations on Earth.