Interactive Strength Inc. (TRNR) Acquires CLMBR
February 2, 2024
Interactive Strength Inc. (Nasdaq: TRNR) completed the acquisition of substantially all assets of CLMBR, Inc. on February 2, 2024, in an asset deal that included equity issuance and assumption of debt. The deal (enterprise value $15.4 million) is intended to accelerate TRNR's move into the B2B channel — leveraging CLMBR's connected vertical climber and consumer installed base to drive combined revenue of $15–20 million in 2024 and near-term profitability.
- Buyers
- Interactive Strength Inc. (TRNR)
- Targets
- CLMBR, Inc.
- Sellers
- CLMBR equity holders
- Industry
- Consumer Products
- Location
- Texas, United States
- Transaction Type
- Buyout
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