Fleet Feet Acquires Marathon Sports
June 16, 2022
Fleet Feet, the largest franchisor of locally owned running stores, has agreed to acquire New England-based Marathon Sports, including its soundRUNNER and Runner's Alley brands and e-commerce business. The deal—timed with the retirement of Marathon Sports owners Colin and Penny Peddie—will keep Marathon Sports as a wholly owned, separately operated subsidiary headquartered in Waltham, Massachusetts; financial terms were not disclosed.
- Buyers
- Fleet Feet
- Targets
- Marathon Sports
- Sellers
- Colin Peddie, Penny Peddie
- Industry
- Retail
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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