TRX, a global leader in functional training solutions, received a strategic investment from Equity38.
The amount of the deal – structured as a management buyout of previous investors – was not disclosed.
The company intends to use the funds to further develop the brand and the business.
Founded by Randy Hetrick in 2004, TRX develops training equipment, workout programs, and education courses for people of all fitness levels and provides functional solutions including Suspension Training®, a bodyweight-based exercise method.
With a full-time staff of 100 team members, the brand is also supported by 350 certified, contracted master instructors who deliver more than 1,500 ongoing education courses each year to fitness professionals in dozens of countries.
FinSMEs
17/01/2019