Rhône Makes Equity Investment in Wahoo Fitness
July 7, 2021
Rhône, a global private equity firm, agreed to make a significant equity investment in Wahoo Fitness, with Wahoo founder Chip Hawkins and the management team reinvesting alongside Rhône. Norwest Equity Partners will remain a minority investor; the deal aims to support Wahoo's global expansion and growth of its connected-fitness hardware, software and content offerings.
- Buyers
- Rhône
- Targets
- Wahoo Fitness
- Sellers
- Norwest Equity Partners
- Industry
- Consumer Products
- Location
- Georgia, United States
- Transaction Type
- Recapitalization
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