Hidden River created Somersault Holdings, LLC, a platform to acquire and grow franchises within The Little Gym franchise system, in August 2023 in partnership with operationally focused investor Griffin Gordon. We initially acquired seven franchises and have since grown to 22 locations with another eight in development.
Given its growth and status as The Little Gym’s largest multi-unit operator, Somersault was recently profiled in Multi-Unit Franchisee Magazine . As highlighted by the excerpts below from the article, Hidden River’s investment in Somersault is a great example of the value-added, flexible capital approach we bring to growth-oriented businesses.
“Somersault has a highly strategic, flexible capital partner in Hidden River Strategic Capital, which has been an integral part of our growth and development.”
“Finding the right capital partner is a critical part of building a growth-oriented, best-in-class business. At Somersault, we have partnered with Hidden River Strategic Capital, a Philadelphia area private equity firm that provides customized investments to small businesses. Their collaborative and relationship-driven approach, combined with their flexibility in providing both debt and equity, has been a perfect fit.”
We are excited to continue growing the platform alongside Somersault’s talented leadership team, including CEO Richard Moore and VP of Finance Lauren McBride, as well as our continued partnership with Griffin Gordon.
About Hidden River Strategic Capital
Hidden River Strategic Capital invests $7.5 million to $25 million into U.S.-based businesses typically generating at least $10 million of revenues and $2 million of EBITDA. Hidden River provides structured capital through flexible, customized, and partnership-oriented debt and equity to support these management-owned businesses through their growth needs and strategic initiatives. The Fund invests in a variety of industries with a strong preference for unique, repeatable, and durable business models. For more information, please visit www.hiddenrivercap.com.