Low-Cost Gym Chain EoS Seeks Private Capital to Fund Growth

  • Jefferies is reaching out to investors to help fund expansion
  • EoS operates in four states; plans to have 125 locations
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Bankers from Jefferies Financial Group Inc. have been sounding out investors about a deal to provide fresh capital to low-cost gym operator EoS Fitness Holdings LLC, according to people familiar with the situation.

The bank has reached out to investors including private credit firms for at least $100 million to help fund its growth strategy, said the people, who asked not to be identified discussing a private matter.