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CorePower Yoga

Yoga studio chain · 230+ locations · US: 22 states and DC

CorePower Yoga is a PE-owned, 200-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.

Investor-backedDisplacement Risk

The Big Picture

Red Flag

CorePower Yoga has cycled through two PE owners since 2013 and, in 2019, settled two federal class actions alleging instructors went unpaid for pre-class prep time, together worth nearly $3 million. 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 Ferret

TSG 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 Ferret

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Company data last updated July 2026

How does one person build and research all this? They don't: here's how it actually works. Verdicts are our opinions, based on the public sources cited above as of July 2026. Spotted something off? or learn more.