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New Deal


Announced

Completed

Goldman Sachs led the $65m round in Echelon Fitness.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

exercise machines

Household Appliance

Friendly

Private

Private Equity

Acquisition

Minority

Single Bidder

United States

Completed

Synopsis

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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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