Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Pure Barre by Xponential Fitness LLC (Xponential). As part of the transaction, LCatterton, which invested in Pure Barre in 2015, will contribute its investment into the acquisition. 

Founded in 2001 and with more than 517 studios, Pure Barre is the largest, most established barre franchise in North America. Pure Barre classes offer an extremely effective total body workout that lifts your seat, tones your thighs, abs and arms, and burns fat in record-breaking time. Founded in 2017, Xponential is the curator of the best brands across every vertical in the boutique fitness space – including Pilates, indoor cycling, stretch, rowing, dance and yoga. Xponential’s portfolio of brands includes Club Pilates, CycleBar, StretchLab, Row House, AKT and Yoga Six. With the addition of Pure Barre, Xponential becomes the largest provider of boutique fitness in the world.