D.C.-based fitness chain [solidcore] announced Tuesday that its founder, Anne Mahlum, is selling the company to a private equity firm.
[solidcore] announced Tuesday that its founder, Anne Mahlum, is selling the company.
"Creating and scaling [solidcore] has been one of the greatest joys of my life," Mahlum said in a statement. "I'm wildly grateful to every single team member, client and investor, who have contributed to building this incredible company that has enriched so many people's lives, including mine." Mahlum won't be the only one cashing in on the deal. The North Dakota native will dish out millions of dollars to her team through an incentive pool she created in 2018. All full-time employees who have been with the company for at least a year before the transaction will receive a portion of the proceeds, the press release states.
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