NEW YORK–(BUSINESS WIRE) – Tailwind Capital (“Tailwind”), a medium-sized private equity firm that invests in specific sectors in technology and business services, healthcare and industrial services, has acquired the International Sports Sciences Association (“ISSA” or the ” ISSA “) completed. Company “). Terms of the transaction were not disclosed.
The ISSA is a leading eLearning platform for the fitness and wellness industry. For more than 30 years, ISSA has endeavored to offer a certification program of the highest quality by combining its training experience with practical applied science to help people achieve their goals and generate meaningful work. The ISSA offers more than 20 specialized fitness and wellness certifications with over 8,000 established employer relationships. Every year the ISSA trains thousands of professionals and enthusiasts from a variety of disciplines, including personal training, yoga, health coaching, nutrition, cycling, and strength and conditioning. To date, the ISSA has trained more than 400,000 students and placed personal trainers in 163 countries, while further increasing access to opportunities that promote a healthier world.
“Quite simply, we help people achieve success in fitness and wellness, which leads to healthier results for our members and their customers. We do this by providing quality training and certification, improving knowledge and promoting employment potential. This partnership with Tailwind helps us fulfill our mission of connecting passionate fitness professionals around the world with the meaningful work of helping others achieve their goals, ”said Andrew Wyant, CEO of ISSA. “Tailwind is an ideal partner who shares our vision of becoming the leading platform in the industry through continuous innovation, content investments and strategic acquisitions. This is a big step for ISSA, our members and their customers. ”
Rick Willett, Tailwind Operating Executive and Executive Chairman of ISSA, added, “We were impressed not only with the ISSA’s revenue growth, which averaged nearly 50% over the past three years, but also with consistently strong member feedback on its exceptional members Experiences and results. We are very excited to be working with Andrew Wyant and the ISSA leadership team to further expand the breadth of the ISSA platform. ”
“We are very excited to support the next phase of growth at ISSA,” said Daniel Bise, Managing Director of Tailwind. “As we learned more about ISSA’s success through its culture of serving others and its history of helping customers achieve healthier results, it was clear that the company had much greater potential. With the Tailwind investment, ISSA will accelerate investments in its next generation technology platform and proprietary content while expanding its reach within the fitness and wellness community. ”
Houlihan Lokey was the financial advisor and Kirkland & Ellis, LLP was legal advisor to Tailwind. The ISSA was advised by Harris Williams as financial advisor and Spencer Fane LLP as legal advisor.
Over the tailwind of the capital
Tailwind Capital is a medium-sized private equity firm focused on growth-oriented investments in target sectors such as technology and business services, healthcare and industrial services. Tailwind works with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since its inception, Tailwind has managed $ 3.7 billion in tied equity and has invested in 46 portfolio companies and over 125 additional acquisitions. Visit www.tailwind.com for more information.
About the ISSA
The International Sports Sciences Association (ISSA) is a global leader and pioneer in the certification industry for personal training. For more than 30 years, ISSA has endeavored to offer the highest quality certification programs by combining gym experience with practical applied science and building trust to help people achieve their goals. The ISSA offers personal training specializations, including senior fitness, exercise therapy and corrective exercises, and 14 others. To date, the ISSA has trained more than 400,000 students and placed personal trainers in 163 countries. At the same time, it has developed better access to opportunities that promote a healthier world. More information is available at www.issaonline.com.
