Persistence Capital Partners’ Medisys acquires Tri Fit

Medisys Health Group Inc., a portfolio company of Persistence Capital Partners, has acquired Oakville, Ontario based Tri Fit Incorporated. Financing terms were not disclosed.

Founded by Sue Pridham and Veronica Marsden, Tri Fit has been delivering corporate fitness facility management and design services as well as workplace health and wellness programming to over 110,000 users across Canada since 1979.

Tri Fit’s staff of over 140 fitness and wellness consultants, kinesiologists, ergonomic consultants, fitness instructors, and personal trainers will remain with Tri Fit, as will its senior management team.

Veronica Marsden and Sue Pridham will continue to drive business development of Tri Fit and support the day-to-day operations and client services of the business.

photo credit: Tri Fit

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.