CorePower Yoga
Yoga studio chain · 234+ locations · US: 22 states and DC
CorePower Yoga is a PE-owned, 230-plus-studio chain that's had two owners since 2013. Its teachers walked out in February 2026 over per-class pay; the company answered with three raises that year, and the organizing campaign still hasn't resolved.
The Big Picture
CorePower Yoga has cycled through two PE owners since 2013, and two federal wage class actions against it closed in 2019 worth more than $3 million between them: $1.49 million to 2,180 instructors who said they were never paid for pre-class prep, and $1.65 million to students who worked studio shifts in exchange for memberships. Its teachers struck on February 1, 2026 over per-class pay and studio sanitation; the company responded with raises in January, March, and July, and the organizing campaign remains unresolved as of July 2026. Growth answers to TSG Consumer Partners, not to the instructors teaching the classes.
The Dirty Details
Ownership
L CattertonPrivate Equity
L Catterton is the world's largest consumer-focused private equity firm, 40%-owned by luxury conglomerate LVMH and the Arnault family, with portfolio brands including Birkenstock. Its current and former holdings on Ferret span dining, fitness, and clothing, including two it has since sold (CorePower Yoga and Everlane).
Assets under management: ~$40B (2026)
See all L Catterton companies on FerretTSG Consumer PartnersPrivate Equity
TSG Consumer Partners is a San Francisco PE firm founded in 1986 (among the first to invest exclusively in consumer brands), with roughly $14 billion under management and past investments including BrewDog and Scopely. On Ferret it owns CorePower Yoga today and owned Stumptown from 2011 until its 2015 sale to Peet's.
Assets under management: ~$14B (2025)
See all TSG Consumer Partners companies on FerretWhat do these scores mean? Learn more.
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Company data last updated July 2026
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