Announced
Completed
Financials
Sources
Tags
Domestic
exercise machines
Household Appliance
Friendly
Private
Private Equity
Acquisition
Minority
Single Bidder
United States
Completed
Synopsis
Merchant banking division of Goldman Sachs led the $65m round in Echelon Fitness, a maker of exercise machines. North Castle Partners, the existing investor in Echelon, also participated in the round. “We are excited about their omnichannel and multi-product offering that enables a broader reach to retailers and consumers alike,” Stephen Kerns, Goldman Sachs Merchant Banking Member.
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