Equity Deal Creates Management Shift to Take 152-Unit Party Chain to Next Level
Pump It Up, the nation’s largest franchise of interactive, indoor inflatable playgrounds for private parties, announced today that it has sold a controlling interest of the company to Tregaron Capital, positioning the 152-unit chain for continued domination of the marketplace.
Based in Palo Alto, CA, Tregaron Capital Company LLC is a private investment company that acquires, manages and builds small to mid-sized companies with established operating histories in niche industries. As part of the transaction, Tregaron Capital has retained Gordon Keil as the President and CEO to run day-to-day operations of the business. Keil, approaching his one-year anniversary as interim CEO of Pump It Up, is the former CEO of Huntington Learning Centers and a noted expert in growing companies and managing franchise systems.