COSTA MESA, Calif., Aug. 23, 2006 (PRIMEZONE) -- Bunker Hill Capital, a private equity group, has acquired California Family Health Inc., a privately held business based in Sacramento, Calif. Transaction terms were not disclosed.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as exclusive financial advisor to California Family Health Inc.
"The acquisition of California Family Health provides Bunker Hill an entry point into the rapidly expanding fitness industry," said John Dorey, senior managing director of RSM EquiCo Capital Markets.
About RSM EquiCo Capital Markets
RSM EquiCo Capital Markets (www.rsmequico.com) is a global provider of investment banking services to private companies with annual revenues of up to $500 million. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. RSM EquiCo Capital Markets LLC is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC.
RSM EquiCo Capital Markets, a subsidiary of RSM EquiCo Inc., is part of RSM McGladrey Inc., one of the nation's largest providers of business and tax consulting, wealth management, retirement resources and payroll services to midsized companies.
The firm's international headquarters are located in Costa Mesa, California. It also has offices in Chicago, Boston, New York and London.
About California Family Health Inc.
Founded in 1994, California Family Health Inc. is a premier and innovative fitness club operator in the Sacramento area. Each of the company's 13 state-of-the art clubs is staffed by knowledgeable, friendly, service-oriented team members, looking to do everything possible to help clients get the most out of their workout. The company's clubs are designed to attract and cater to health conscious customers in a family atmosphere. California Family Health's clubs have been voted Sacramento Magazine's "Best Health Clubs in Sacramento" seven years in a row.
About Bunker Hill Capital
Bunker Hill Capital is a private equity firm that makes control investments in lower middle-market companies with typical enterprise values ranging between $20 million and $150 million. Bunker Hill's management team has over 50 years of experience in private equity. Collectively, the partners have invested over $300 million in 24 transactions that fall within four targeted business sectors: industrial products, business services, specialty retail and consumer products.
RSM EquiCo is a tradename for RSM EquiCo, Inc. and its subsidiaries, which include: RSM EquiCo Capital Markets, LLC (broker-dealer licensed by the SEC and member NASD, SIPC), RSM EquiCo Canada, Inc. (limited market dealer registered with the Ontario Securities Commission) and EquiCo Europe Limited (authorised and regulated by the Financial Services Authority). RSM EquiCo, Inc. and its subsidiaries are wholly owned subsidiaries of H&R Block.