Peloton Acquires Precor
April 1, 2021
Peloton completed the acquisition of Precor for $420 million in cash, establishing a U.S. manufacturing footprint and strengthening its R&D and commercial fitness capabilities. The deal brings Precor’s commercial fitness equipment business and connected-fitness technology into Peloton to accelerate penetration of hotels, campuses, multi-family and other commercial verticals.
- Buyers
- Peloton
- Targets
- Precor
- Industry
- Manufacturing
- Location
- Washington, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Brooks Automation Acquires Precise Automation for $70M
April 26, 2021
Manufacturing
Brooks Automation Inc. agreed to acquire Fremont-based collaborative robot maker Precise Automation Inc. for about $70 million, a deal expected to close in April 2021. The acquisition adds collaborative-robot product offerings and automation subsystems to Brooks' life-sciences and semiconductor automation portfolio and is expected to be immediately accretive to earnings.
-
Celero Commerce Acquires Precision Payments
November 14, 2024
Payments & Fintech
Celero Commerce has acquired Precision Payments, an electronic payments technology provider headquartered in Sarasota, Florida. The deal expands Celero's merchant payments capabilities and sales footprint in multi-lane retail and is expected to push Celero's annual card processing volume across North America above $28 billion.
-
Precinmac Acquires Petersen Inc.
April 4, 2022
Manufacturing
Precinmac, a PE-backed diversified manufacturer, has acquired Petersen Inc., a large-format precision fabrication and machining company with facilities in Ogden, Utah and Pocatello, Idaho. The acquisition expands Precinmac's manufacturing capabilities and product offerings to better serve aerospace & defense, semiconductor, energy, medical and other industrial end markets.
-
Paychex Acquires Paycor for $4.1B
January 7, 2025
Cloud & SaaS
Paychex, Inc. has completed the all-cash acquisition of Paycor HCM, Inc. for $22.50 per share, representing approximately $4.1 billion of enterprise value. Funds advised by Apax Partners (the majority Paycor shareholder) and other Paycor stockholders sold their interests; Paychex expects more than $80 million in annual cost synergies and expanded upmarket and revenue opportunities from the combined HCM offerings.
-
Peloton Equity Leads Growth Recapitalization of Grenova
March 21, 2022
Medical Devices
Peloton Equity, alongside Hamilton Lane Impact Fund II and Morgan Stanley AIP Private Markets, closed a growth and recapitalization investment to acquire a majority stake in Grenova, a Richmond, Virginia-based manufacturer of lab sustainability technology. The investment will fund accelerated sales and marketing, new product launches, and global expansion while Grenova management and certain existing shareholders retain a significant ownership stake.
-
Motorola Solutions Acquires Pelco
August 3, 2020
Manufacturing
Motorola Solutions completed the acquisition of Pelco, Inc., a Fresno-based global provider of video security cameras and video management system software, for $110 million in cash. The deal, announced August 3, 2020, expands Motorola Solutions' video security and analytics capabilities and broadens its footprint with enterprise and public safety customers; Pelco had been owned by Transom Capital Group prior to the sale.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.