Transact Capital Securities Advises Intek Strength, Inc. and Orthotech Sports-Medical Equipment, Inc. on Sale to National Gym Supply, a Lometa Capital Partners Portfolio Company
Transact Capital Securities is pleased to announce it served as exclusive financial advisor to Intek Strength, Inc. and Orthotech Sports-Medical Equipment, Inc. in their sale to National Gym Supply, a leading supplier of OEM fitness equipment parts and accessories and a portfolio company of Lometa Capital Partners.
This strategic acquisition brings together Intek Strength’s expertise in manufacturing commercial weightlifting products and Orthotech’s nationwide distribution of commercial exercise equipment with National Gym Supply’s established market presence, further strengthening NGS’s position as a comprehensive solutions provider in the fitness equipment industry.
“I just wanted to express my gratitude and congratulations on closing this deal. You were able to navigate several challenges and ultimately get the best deal possible! I appreciate your patience and determination. Your guidance and singlemindedness showed your expertise and professionalism through this process.
I count you friends and if there is anything I can ever do for you, please let me know.
Again, a very big THANK YOU!”
– Tres Baucum
National Gym Supply, headquartered in Los Angeles, CA, is recognized as a leading supplier of OEM and aftermarket fitness equipment parts and accessories, serving commercial gyms, health clubs, and fitness facilities nationwide. Backed by Lometa Capital Partners, a multi-family office focused on majority investments in lower middle market companies, NGS is poised for continued expansion and innovation in the fitness industry.
Transact Capital Securities provided comprehensive advisory services throughout the transaction, leveraging its deep experience in mergers and acquisitions within the fitness and manufacturing sectors.
About Intek Strength, Inc. and Orthotech Sports-Medical Equipment, Inc.
Intek Strength, Inc. is a leading manufacturer of commercial weightlifting products, including bumper plates, Olympic plates, dumbbells, barbells, and specialty bars, with a focus on customization and quality. Orthotech Sports-Medical Equipment, Inc. distributes commercial exercise equipment nationwide, offering end-to-end solutions from facility design to equipment installation and service.
About National Gym Supply
National Gym Supply is a premier supplier of OEM and aftermarket fitness equipment parts and accessories, serving commercial fitness facilities across the United States.
About Lometa Capital Partners
Lometa Capital Partners is a multi-family office investing in strategically viable lower middle market companies in the manufacturing and business services sectors.
About Transact Capital
Founded in 1999, Transact Capital Partners, LLC is a boutique middle-market mergers & acquisitions advisory firm headquartered in Richmond, VA. Investment banking services and security transactions are offered through Transact Capital Securities, LLC a wholly-owned Affiliate of Transact Capital Partners LLC, and member of FINRA & SIPC.