Beachbody and Myx Fitness went public via a SPAC merger with Forest Road Acquisition in a $2.9bn deal.

Beachbody, a worldwide provider of health and fitness, and Myx Fitness, an at-home connected fitness platform, went public via a SPAC merger with Forest Road Acquisition in a $2.9bn deal. Additional investors include Fidelity Management & Research Company and Fertitta Capital. “This marks an important milestone in Beachbody’s mission to help more people achieve their goals and lead healthy, fulfilling lives. As a public company, we aim to accelerate our growth and introduce many more people to our proven fitness and nutrition solutions. With this transaction, we will deploy capital to grow our platform, add connected fitness hardware through the acquisition of Myx and continue to create the most exciting and innovative in-home fitness content," Carl Daikeler, Beachbody Co-Founder, CEO and Chairman.