Nearly a decade after founding solidcore in D.C., Anne Mahlum has sold her shares to a New York private equity firm.
Within a few years, it became a hit, and more studios opened. Even“Creating and scaling solidcore has been one of the greatest joys of my life," Mahlum said, per WBJ.
Mahlum said she is putting “millions of dollars” from the sale into a fund to distribute to employees who have worked at the company for at least a year prior to the sale, WBJ reports.The terms of the deal with New York-based Kohlberg & Co. were not disclosed.Bryan Myers, who was named CEO two years ago, says he will oversee solidcore’s “growth and expansion.”
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