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Interactive Strength Expands Global Footprint With Wattbike Acquisition, Targeting Over $65M In 2025 Pro Forma Revenue

Benzinga·04/08/2025 11:08:03
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Transaction Expected to Help TRNR Generate More than $65M in 2025 Revenue on a Pro Forma basis

Wattbike is the Leading, Indoor-Bike Brand for Elite-Athlete Training and is Used by Olympians and Professional Sports Teams Worldwide - Including the NFL, NBA, MLB, NHL and Premier League

TRNR Listing, Global Distribution Network to Help Wattbike Accelerate Growth, Especially in Key Markets Like US and Germany; Wattbike's Deep Penetration into Leading UK Gyms and Expanding D2C Customer Base to Similarly Speed Up Step-Changes to TRNR Top and Bottom Lines

Transaction Delivers on Previously-Announced LOI, Combines Highly Complementary Businesses to Create a Scaled, International Operation Anchored in the US, Germany and UK, the #1, #2 and #3 Fitness Markets Globally

Deal - Expected to be TRNR's 3rd Within a Year-and-a-Half - Builds on its Transformative Portfolio Strategy for Creating Long-Term Shareholder Value

Acquisition Expected to Close as Early as the Second Quarter of 2025, Subject to Standard Regulatory Requirements