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 current 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 unique 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. Our 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. Our team’s industry experience has positioned NeV as a global leader in its field, expanding and reinventing the vision of fitness.

New Evolution Ventures BPO (Fit BPO) was established to provide technology, software and best-in-class backoffice processes to NeV portfolio companies. Custom platforms serve 500K public members, 7.5K staff, 120 locations. Combined portfolio company revenue ranging from $300MM-$500MM annually.