Hydrow and Investors Acquire Majority Stake in Speede Fitness
May 9, 2024
Hydrow and its investors (including Constitution Capital and L Catterton) acquired a majority stake in Speede Fitness to integrate Speede's high-tech strength training equipment, AI analytics, and data capabilities into Hydrow's connected fitness platform. Hydrow retains an option to acquire the remainder of Speede and says the deal expands its product lineup toward whole-body strength and aerobic modalities.
- Buyers
- Hydrow, Constitution Capital, L Catterton
- Targets
- Speede Fitness
- Industry
- Consumer Products
- Location
- Illinois, United States
- Transaction Type
- Buyout
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