Breakwater Investment Management LLC has announced a significant growth capital investment in Exhale Enterprises Inc. (New York, N.Y.). Founded in 2003, Exhale offers mind-body fitness classes (including yoga and its proprietary Core Fusion program), in addition to spa and healing therapies, wellbeing retreats and nutrition programs. Exhale has 20 locations in 11 markets including in upscale hotels and resorts. “The new financing from Breakwater will provide Exhale with the capital needed to support our ongoing expansion, particularly through securing well-placed, profitable new unit opportunities,” said Annbeth Eschbach, president and CEO of Exhale.
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