KPS Capital Partners to Acquire Life Fitness (Brunswick's Fitness Business)
May 6, 2019
KPS Capital Partners has signed a definitive agreement to acquire Brunswick Corporation's fitness business, including the Life Fitness brand, for approximately $490 million in cash. The transaction, a divestiture of Brunswick's fitness division, will establish Life Fitness as an independent company headquartered in Rosemont, Illinois, and is expected to close in Q2 2019, subject to customary approvals.
- Buyers
- KPS Capital Partners
- Targets
- Life Fitness
- Sellers
- Brunswick Corporation
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Divestiture
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