Walter Capital Partners invests in Altea to accelerate its growth across Canada
Walter Capital Partners is pleased to announce an investment in Altea, Canada’s leader in premium fitness and wellness. This transaction marks Walter Capital Partners’ fifth (5th) platform investment in Ontario.
Altea operates premium, large-format fitness and wellness clubs that bring together state-of-the-art fitness amenities, boutique-style classes, personal training, wellness services and a community-driven member experience. With a growing presence across Canada and several new locations under development, Altea is well positioned to continue redefining the Canadian health and fitness landscape.
“Walter Capital Partners is very pleased to partner with Altea and its seasoned management team, led by Jeff York,” said Walter Capital Partners’ President and CEO, Eric Phaneuf. “Altea has built a unique platform at the intersection of fitness, wellness and community. As a Canadian investment partner, we look forward to supporting the team as they expand their premium club model and bring Altea’s world-class, holistic wellness experience to more families across the country.”
Led by Jeff York, Altea has developed a compelling alternative to traditional gyms and boutique studios by combining multiple fitness and wellness experiences under one roof. Its clubs are designed to serve as premium wellness destinations, offering members a broad range of training, recovery and wellness services while creating a strong sense of community among members throughout their health and fitness journey.
“Walter Capital Partners’ experience supporting high-growth Canadian businesses, combined with its long-term partnership approach, makes it an ideal partner for Altea’s next phase of growth,” said Jeff York, CEO of Altea. “We are excited to work together to accelerate our mission of redefining the Canadian health and fitness landscape and making our holistic wellness experience accessible to more families across the country.”
With this investment, Walter Capital Partners is adding a new company to its portfolio of Canadian businesses with strong management teams, differentiated customer experiences and significant growth potential.
About Altea
Altea is Canada’s leader in premium fitness and wellness, offering large-format clubs that combine state-of-the-art fitness amenities, boutique-style classes, personal training, recovery and wellness services, and a community-driven member experience. With a strong focus on high-quality classes, diverse programming and exceptional instructors, Altea creates an engaging environment that supports members throughout their health and fitness journey. The company operates clubs in Winnipeg, Toronto, Vancouver, Ottawa and Edmonton.