Momentum Enterprises

Momentum Enterprises is an asset management company backed by Arena Capital with a focus on community, families and children. We specialize in opening, operating, and acquiring small businesses. Momentum currently operates 17 businesses throughout New England and plans to add at least 2 more in 2023. Our portfolio includes franchise locations of My Gym children's fitness center, Club Elevate adult fitness, Launch Entertainment Center, and The Newport Venture - a Newport, RI real estate company. We have a successful track record of taking underperforming organizations and turning them into top-tier businesses. Momentum Enterprises was named the #1 Franchisee in 2017 and 2018 by My Gym Enterprises - out of 600 locations worldwide! Momentum currently employs more than 300+ people across its portfolio and continues to grow. We live by a single purpose here. You can call it our "mission statement", but it's truly our driving force: To create an atmosphere of optimism.