New York, September 11, 2017 – Branford Castle Partners, LP (“Branford Castle”), a New York City-based private equity firm, today announced that its portfolio company, Earthlite LLC (“Earthlite”), has acquired Continuum Footspas, LLC (“Continuum”) from Joe Galati and the other founders of the company.
Based in New Berlin, WI, Continuum is a leader in the premium pedicure chair market. The Company’s end-customers include many international luxury hotel chains and high-end day spas. Continuum was founded by the inventors of the modern pedicure chair.
“We are delighted to add this leading brand to Earthlite’s already strong pedicure product offering,” said Earthlite CEO, Jim Chenevey. “We have long admired Continuum’s quality products and reputation for excellent service, and look forward to continuing to build this great brand.”
Branford Castle was advised by its legal counsel, Akerman LLP. TCF Capital Funding provided financing for the transaction, with the company’s mezzanine lender Siguler Guff supporting the transaction as well. Terms of the transaction were not disclosed.