Grid, the Dallas, TX-based manufacturer of gym lockers and sports flooring, has secured a strategic investment from private-equity firm Topspin Consumer Partners.

Terms were not disclosed.

Founded in 2020, Grid reports that its clients include national fitness chains such as Crunch Fitness, EōS Fitness, 24 Hour Fitness, and Vasa Fitness, as well as YMCA, college and K-12 athletic programs, country clubs, spas, healthcare facilities, and workplaces.

Drew White, founder and CEO of Grid, said, “We have had the opportunity to get to know Topspin over several years, initially through one of its portfolio companies in 2021. Through this relationship, we have seen first-hand the valuable financial and operational guidance, as well as their highly collaborative partnership approach. Topspin has remained an active partner, offering strategic insights and genuine support for our vision. I am excited to take this partnership to the next level and leverage Topspin’s expertise and resources as we embark on this next phase of growth.”

Stephen Parks, partner at Topspin, based in Mamaroneck, NY, said, “We are thrilled to partner with Drew and the entire Grid team at this exciting inflection point. Grid exemplifies the type of founder-led business we seek to back — one with a clear vision, a differentiated market position and a relentless focus on innovation and customer experience. As demand for health and wellness facilities continues to grow and operators invest in upgrading their spaces and building new ones, Grid is exceptionally well-positioned to lead the market with its U.S.-manufactured solutions. We look forward to supporting Drew and his team as they scale the business and help define the next generation of industry standards.”

Grid represents the second investment commitment from Topspin’s latest flagship private equity fund, Topspin Consumer Partners III.