PARTNERSHIP CAPITAL GROWTH ACTED AS EXCLUSIVE FINANCIAL ADVISOR TO
WORLD HEALTH CLUB

North Castle Partners has invested in World Health Club, a leading operator of fitness clubs in Alberta, Canada.  Partnership Capital Growth acted as exclusive financial advisor to World Health Club.

PCGA was proud to partner with World Health Club’s CEO, and majority shareholder, Rob Leach conducting a highly focused and efficient process with a select group of financial investors with experience and knowledge of the fitness club industry. North Castle Partners was selected based on compelling relevant experience and success in the fitness club space, a deep internal team and network of operating advisors and a flexible capital structure that allows the Company to execute its aggressive growth plan.  Partnership Capital Growth invested alongside management and the new shareholders in the transaction that closed in Q1 2008.

About World Health Club
World Health Club is the leading operator of fitness clubs in the province of Alberta, Canada.  Currently, the Company operates 14 fitness clubs across the province’s two largest cities, Calgary and Edmonton. The Company provides health club services to approximately 40,000 members offering fitness memberships and other ancillary services including personal training and group fitness classes.  The World Health Club member value proposition is based on three key competitive drivers: value, convenience and personal training. The best in class personal training program in place is a key differentiating feature relative to the local competition, which results in accelerated member physical results, decreased attrition and attractive profit margins.  For more information please visit the World Health Club website at: www.worldhealthclub.com

About North Castle Partners
North Castle Partners is a leading private equity firm focused exclusively on investments in consumer-driven product and service businesses that benefit from "Healthy Living and Aging" trends. North Castle is a hands-on, value-added investor in high-growth, middle market companies in the (i) aesthetics and personal care, (ii) consumer health, (iii) fitness and recreation, (iv) home and leisure and (v) nutrition industries. North Castle is led by a seasoned investment team including 12 proactive operating advisors who bring a wide range of operational and investment capabilities as well as an extensive knowledge base and network. The strength of the North Castle team, combined with their focus and network, provides significant competitive advantages in building world-class companies. North Castle is headquartered in Greenwich, CT. For more information please visit the North Castle Partners website at: www.northcastlepartners.com.

About Partnership Capital Growth
Partnership Capital Growth is a FINRA/SIPC licensed broker dealer that provides full service merger and acquisition, financing and capital structure advisory services to middle market companies.  PCGA focuses exclusively on consumer products and services in the area of healthy, active and sustainable living. PCGA is based in San Francisco, California.
www.pcg-advisors.com

Please feel free to contact Brent Knudsen at brent@pcg-advisors.com or Brian Smith at brian@pcg-advisors.com to discuss this transaction.