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Announced

Randy Hetrick and JFXD Capital to acquire TRX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Recreational Products

United States

Private Equity

Friendly

fitness equipment

Domestic

Pending

Single Bidder

Majority

Private

Synopsis

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Randy Hetrick, TRX founder and former CEO, and JFXD Capital, a US-based private investment firm based in Delray Beach, Florida, agreed to acquire TRX, a global fitness brand. Financial terms were not disclosed. "It's gratifying to be back at the helm of TRX at a time when the world is emerging from Covid and the Company needs inspired, innovative leadership," Randy Hetrick.

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