Client: Great Lakes Athletic Club
Equity Sponsor: Privately Held
Industry: Consumer & Retail
Headquarters: Lake Orion, MI
Practice Area: Restructuring
Service Type: Receivership
Project Description: FINNEA Group served as the Receiver for Great Lakes Athletic Club and oversaw the sale of its assets.
Company Overview: Great Lakes Athletic Club, also known as GLAC, provides a range of sports, professional fitness, family recreation, health wellness and spa services. It conducts leagues and tournaments in several sports, including basketball, volleyball, racquetball, table tennis, dodgeball and squash. The club’s facilities include various swimming pools, saunas, fitness centers, locker rooms and an indoor track.