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Merion Announces New Investment in Athletic Clubs

Merion Investment Partners III, L.P. is pleased to announce a new investment in Tru Fit Athletic Clubs. Merion provided capital to complete the recapitalization of Tru Fit Athletic Clubs and the simultaneous acquisition of Freedom Fitness (collectively the “Company”), the two largest fitness club chains in the Rio Grande Valley. Headquartered in McAllen, Texas, the Company has a growing membership base across 13 locations throughout the Rio Grande Valley and San Antonio operating under the Tru Fit brand.

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Polonez Parcel Services, a Merion portfolio company, announces partnership with UPS

ATLANTA, Ga., and W. SPRINGFIELD, Ma. – Oct. 4, 2017 – UPS (NYSE:UPS), the world’s largest package delivery company and Polonez Parcel Service, a consumer-to-consumer consolidated shipping service into Poland and other countries, today announced an innovative agreement that provides Polonez Parcel Service customers in the United States an easy parcel drop-off point at more than 8,700 UPS Access Points™ including 5,000 The UPS Store® locations.

Polonez Parcel Service customers can experience the ease of transacting business online at www.polonezparcelservice.com and then drop-off their pre-paid shipments at convenient UPS Access Point locations throughout the United States. UPS Access Point locations are a nearby The UPS Store,® dry cleaner, hardware store, convenience store or other neighborhood retail establishment. UPS Access Point™ addresses can be found at www.ups.com/accesspoint.

“The UPS Access Point locations augment our existing Authorized Shipping Outlet network and give us extensive coverage for convenient and cost-effective connections, so our consumers can ship to more than 30 countries,” said Polonez Parcel Service, CEO Tom Nightingale.
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Energage raises $15M, plans Philly office, new hires

Philadelphia, PA – October 5, 2017 – Energage, the Merion portfolio company previously known as Workplace Dynamics, has raised $15 million from investors and is looking to open a new office in Philadelphia, using 10 years’ worth of corporate employee surveys as a basis for new “HR tech” services it expects will elevate its profile among clients and technology investors.

 “Our model has changed quite a bit. We have a whole new round of offerings in our employee-engagement platform, just two weeks ahead of the HR Tech Conference in Las Vegas,” said Fraser Marlow, director of research at Energage, which employs 110. Part of the money will be used for expansion. Energage wants to open an office in Philadelphia to hire more “creative staff and programmers,” said Marlow, a GE veteran who is among several senior managers joining the company in the last year. “We’ve interviewed quite a few who wanted to work for us” he said.
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