On November 22, 2013, U.S. private equity firm North Castle Partners’ (North Castle) portfolio company, Curves International, Inc. (Curves), completed the acquisition of the Jenny Craig weight loss business from Nestle S.A. North Castle is a leading private equity firm focused exclusively on health, wellness and active living companies. Curves is the largest chain of fitness centres for women in the world. Jenny Craig is an iconic brand in the weight loss industry. North Castle will combine Jenny Craig with Curves , creating a one of a kind wellness company that offers consumers an array of diet and fitness tools to meet their individual needs. Fasken Martineau was Canadian legal counsel to North Castle and Curves in connection with the acquisition of Jenny Craig’s Canadian business. The Fasken team was led by Stephen Erlichman (private equity) and included Alex Nikolic (corporate), Ian Campbell (employment), Huy Do (competition), Christopher Steeves (tax), Paul Casuccio and Thomas Brook (commodity tax).
Client Work
North Castle Partners’ portfolio company Curves International acquires Jenny Craig weight loss business
Fasken
Reading Time
1 minute read
Overview
Overview
Team
Team
- Stephen Erlichman, Partner, Toronto, ON, +1 416 865 4552, serlichman@fasken.com
- Alex Nikolic, Partner, Toronto, ON, +1 416 865 4420, anikolic@fasken.com
- Huy Do, Partner | CO-LEADER, COMPETITION, MARKETING & FOREIGN INVESTMENT | LEADER, SOUTHEAST ASIA GROUP, Toronto, ON, +1 416 868 3505, hdo@fasken.com
- Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, csteeves@fasken.com
- Paul V. Casuccio, Partner, Toronto, ON, +1 416 868 3491, pcasuccio@fasken.com
