Equinox
Luxury gym chain · 115+ locations · US, UK, Canada
Equinox sells a $40,000-a-year membership tier with a waitlist. Separately, its labor record includes an $11.25M discrimination verdict and a $36M wage settlement covering 15,000+ workers, and no founders remain.
The Big Picture
Equinox is controlled by Related Companies and a consortium of the world's largest alternative asset managers after a $1.8 billion 2024 financing, with no founder involvement. Its labor record includes an $11.25 million jury verdict for race and gender discrimination in 2023 and a $36 million California wage-and-hour class settlement covering 15,000+ workers. Separately, it sells a $40,000-a-year membership tier with a waitlist. The company answers to its investors, not the staff its clubs run on.
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 FerretWhat do these scores mean? Learn more.
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Company data last updated August 2026
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