North Castle Partners Announces Sale of Octane Fitness to Nautilus, Inc.

January 4, 2016 - Morrison Cohen client North Castle Partners and its co-investors announced today the sale of Octane Fitness, a leading fitness products company, to Nautilus, Inc. on December 31, 2015. The transaction was structured as a sale of all of the stock of parent company OF Holdings, Inc. for a purchase price of approximately $115 million. North Castle Partners is a private equity firm focused on consumer businesses that promote Healthy, Active and Sustainable Living. Morrison Cohen represented North Castle Partners and Octane Fitness in the transaction. For further information about the transaction, click here.