The Raine Group in Investment in Zumba Fitness
March 12, 2012
Cleary Gottlieb represented The Raine Group in connection with its investment in Zumba Fitness, a latin-based dance fitness program with classes given at gyms and similar locations in over 125 countries.
Raine is a boutique merchant bank focused exclusively on entertainment, digital media and sports. It was founded by Joseph Ravitch, a Cleary Gottlieb alum and a former senior partner and global head of media at Goldman Sachs, and Jeffrey Sine, a former vice-chairman and global head of technology at UBS.