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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Morgan Stanley | NYSE:MS | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.68 | 1.81% | 94.33 | 94.42 | 93.28 | 93.34 | 5,043,460 | 01:00:00 |
From May 2019 to May 2024
By Colin Kellaher
A private-equity arm of Morgan Stanley (MS) on Tuesday said it acquired gym operator Impact Fitness from Bain Capital and Bridges Fund Management for an undisclosed amount.
Morgan Stanley Capital Partners, a middle-market focused private-equity team within Morgan Stanley Investment Management, said it acquired Impact in partnership with the gym operator's management team.
Impact, based in Brighton, Mich., is a Planet Fitness franchisee that operates 29 gyms in the U.S. and Canada.
Bain acquired a majority stake in Impact in 2017 in one of the first deals for Bain Capital Double Impact, the private-equity firm's socially conscious investment fund.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 11, 2019 09:36 ET (13:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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