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Venture Capital
FINANCE | Investment Firms & Funds
nev.com

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Investments

3

Portfolio Exits

2

Partners & Customers

1

About New Evolution Ventures

New Evolution Ventures (NeV) has a two-decade plus record of success in delivering superior returns on investment, specializing in the acquisition, development and operations management of both domestic and international fitness endeavors. Founded in 2008 by Mark Mastrov, Jim Rowley and Mike Feeney and following a strategic partnership with Vision Capital in 2011, the team of NeV professionals is setting industry-wide standards one brand at a time. Operations have spanned over 20 countries worldwide and included hundreds of facilities.NeV's philosophy centers on managing brands that offer points of differentiation within the industry on a global scale. Ventures extend across countries, specialties and disciplines, spanning from New York to Mexico City, mixed martial arts to pilates, nutrition to fitness technologies. The firim's objective is to achieve continued business growth and profitability through successful global partnerships in health and fitness entities. Each venture is established with the underlying goal of increasing the number of people living healthy lifestyles.

New Evolution Ventures Headquarter Location

3595 Mt. Diablo Blvd #300

Lafayette, California, 94549,

United States

925-297-6360

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New Evolution Ventures Web Traffic

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Page Views per Million (PVPM)
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Latest New Evolution Ventures News

New Evolution Ventures Backs Sharecare

Jun 15, 2011

New Evolution Ventures Backs Sharecare June 15, 2011 Atlanta-based health and weight loss company Sharecare has inked an undisclosed amount of financing from New Evolution Ventures, the company said Wednesday. Created by Jeff Arnold and Dr. Mehmet Oz, in partnership with Oprah Winfrey’s Harpo Studios, HSW International, Sony Pictures Television and Discovery Communications, Sharecare has developed an interactive social platform designed to help people learn about health and wellness. PRESS RELEASE Sharecare today announced that New Evolution Ventures (NeV), a global private equity firm focused on the health, wellness and fitness industries, has made an equity investment, joining founding partners Jeff Arnold, Dr. Mehmet Oz, Harpo Studios, Discovery Communications, Sony Pictures Television and HSW International to enhance Sharecare’s ability to empower people to proactively improve their overall health. In addition to the investment, Sharecare will acquire technology rights to dotFIT, one of the leading online nutrition, exercise and weight management applications, and the application that powers “Dr.Oz’s Move It and Lose It” weight loss program. Sharecare will also acquire all content assets from the Health & Fitness Provider Network (HFPN), which includes pre-designed coaching programs, a recipe and anatomy library, trainer reference materials, fitness/exercise training videos and continuing education courses. With both dotFIT and HFPN, Sharecare expands its leadership footprint in the weight management market by adding internet-based weight loss programs, e-coaching and personal training. “We are at the center of a global obesity epidemic and good health and overall wellness begins with weight management,” said Jeff Arnold, chairman and chief architect of Sharecare. “NeV’s commitment, along with continued addition of new Sharecare partners from the American Dietetic Association to the American Diabetes Association, provides the resources, tools and expanded reach necessary to battle this epidemic.” “Healthy living is at the core of our business and working with Sharecare strengthens that foundation,” said Mark Mastrov, co-founder and chairman of NeV. “Our team has significant experience in the health and fitness space to complement the industry-leading online health team at Sharecare.” As part of the transactions, Sharecare will name Dr. Michael Clark chief science officer at Sharecare and will add Mark Mastrov to the board of directors. Dr. Clark is the chief executive officer of the National Academy of Sports Medicine (NASM). As one of the top physical therapists in the industry, Dr. Clark has rehabilitated, reconditioned and trained hundreds of professional and elite athletes and with the NASM has provided Sharecare users with expert advice and successful weight loss strategies. Mastrov founded 24-Hour Fitness Worldwide in 1983, which he grew to the world’s largest fitness company with more than 420 clubs in the United States and Asia, more than 3.5 million members and revenues in excess of $1.5 billion at the time of its sale in 2005. In 2008, Mastrov co-founded NeV and has since built some of the world’s best known International fitness brands, whose combined operations exceed 800 locations worldwide. About Sharecare Launched in 2010 and based in Atlanta, GA, Sharecare’s mission is to greatly simplify the search for high-quality healthcare information and answer the world’s questions of health. Created by Jeff Arnold and Dr. Mehmet Oz, in partnership with Harpo Studios, HSW International, Sony Pictures Television, and Discovery Communications, the Sharecare interactive social Q & A platform allows people to ask, learn and act upon questions of health and wellness. The company’s innovative approach provides a wide array of expert answers to each question ranging from hospitals to MDs to non-profits to healthcare companies to active health consumers, ultimately creating a community where healthcare knowledge is built, shared and put into practice. About NeV Based in Northern California, New Evolution Ventures (NeV) is a private equity firm focused on the acquisition, development, management and operation of fitness, media and sports entities both domestically and internationally. Co-Founded in 2008 by Mark Mastrov, Jim Rowley and Mike Feeney, the current team of NeV professionals is shaping the world of fitness, media, and sports one brand at a time. With a foundation representing over a century of business experience, NeV currently has operations and investments in over 20 countries worldwide. © 2015 Buyouts Insider / Argosy Group LLC

New Evolution Ventures Investments

3 Investments

New Evolution Ventures has made 3 investments. Their latest investment was in Affliction Holdings as part of their Recap on March 3, 2012.

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New Evolution Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/7/2012

Recap

Affliction Holdings

Yes

6/17/2011

Series A

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0

Other Investors

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0

Date

3/7/2012

6/17/2011

Round

Recap

Series A

Other Investors

Company

Affliction Holdings

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Amount

New?

Yes

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Co-Investors

Sources

0

0

New Evolution Ventures Portfolio Exits

2 Portfolio Exits

New Evolution Ventures has 2 portfolio exits. Their latest portfolio exit was Sharecare on July 01, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/1/2021

Reverse Merger

$99M

4

4/28/2014

Leveraged Buyout - II

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10

Date

7/1/2021

4/28/2014

Exit

Reverse Merger

Leveraged Buyout - II

Companies

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Valuation

$99M

Acquirer

Subscribe to see more

Sources

4

10

New Evolution Ventures Acquisitions

1 Acquisition

New Evolution Ventures acquired 1 company. Their latest acquisition was Energy Fitness on December 31, 2008.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/31/2008

$99M

Leveraged Buyout

1

Date

12/31/2008

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Leveraged Buyout

Sources

1

New Evolution Ventures Partners & Customers

1 Partners and customers

New Evolution Ventures has 1 strategic partners and customers. New Evolution Ventures recently partnered with Vision Capital Advisors on .

Date

Type

Business Partner

Country

News Snippet

Sources

Partner

United Kingdom

Vision Capital and New Evolution Ventures Announce Strategic Partnership.

Vision Capital and New Evolution Ventures announce a strategic partnership to create a leading , multi-brand health , fitness and wellness business .

1

Date

Type

Partner

Business Partner

Country

United Kingdom

News Snippet

Vision Capital and New Evolution Ventures Announce Strategic Partnership.

Vision Capital and New Evolution Ventures announce a strategic partnership to create a leading , multi-brand health , fitness and wellness business .

Sources

1

New Evolution Ventures Team

2 Team Members

New Evolution Ventures has 2 team members, including current Executive Vice President, Derek Gallup.

Name

Work History

Title

Status

Derek Gallup

24 Hour Fitness, Liberty House, and Macy's

Executive Vice President

Current

Brent Leffel

President

Former

Name

Derek Gallup

Brent Leffel

Work History

24 Hour Fitness, Liberty House, and Macy's

Title

Executive Vice President

President

Status

Current

Former

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