Interactive Strength (TRNR) provided shareholders with a new investor presentation, summarizing its recently-announced binding agreement to acquire Sportstech, Germany’s largest connected fitness and equipment business. The presentation highlights TRNR’s growth strategy and key elements of the expected Sportstech acquisition, including expected 2025 revenues of more than $50M for the combined company on a pro forma basis, as well as a focus on Sportstech’s EBITDA earn-out thresholds.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRNR:
