Amynta Group Acquires iFIT's Extended Warranty Operations (UTS)
September 13, 2022
Amynta Group has acquired the extended warranty operations of iFIT Health & Fitness Inc., operated through its wholly owned subsidiary Universal Technical Services (UTS). The deal creates a long-term strategic partnership to deliver warranty protection and maintenance plans for iFIT brands (including NordicTrack, ProForm and FreeMotion) while allowing iFIT to focus on fitness technology and member content.
- Buyers
- Amynta Group
- Targets
- Universal Technical Services (UTS) — iFIT extended warranty operations
- Sellers
- iFIT Health & Fitness Inc.
- Industry
- Insurance
- Location
- Utah, United States
- Transaction Type
- Divestiture
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