October, 2024. Peakstone served as exclusive M&A advisor to the owners of a successful multi-unit franchise of Altitude Trampoline Parks in New England (the “Company”). Altitude is a leading indoor entertainment brand offering a variety of jumping activities and amenities. The franchisee owners have been a leading operator of locations in New Hampshire and Massachusetts since 2018. Peakstone advised the ownership team on its recent sale to another Altitude franchisee.
On behalf of the selling shareholders, Chris Klebba commented, “Our time in the system was both exciting and very rewarding. Altitude continues to thrive as a superb brand and leading consumer concept. We also want to thank Peakstone for its professionalism and expertise in guiding us to a great outcome. We are excited to see our parks flourish for years to come under new ownership that is committed to Altitude.”
Speaking for the buyer group, Brian Eddings said, “We could not be more excited to add these Altitude locations to our portfolio. The prior owners were among the best in the system and built a leading regional presence. We are proud to take the baton and look forward to continued success at the parks.”
Morgan, Lewis & Bockius and Ishbia & Gagleard served as the Company’s legal counsel.
For additional information please contact:
Brad Lehl, Managing Director, blehl@peakstone.com
Connor Ryan, Analyst, cryan@peakstone.com
About Peakstone
Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.
