SGB Update Sports & Fitness
WizWheelz Acquires Recumbent Cycle-Con
WizWheelz, the parent company of TerraTrike and GreenSpeed, acquired Coyne Publishing, LLC, on June 24, 2022. The deal includes the Recumbent Cycle-Con (RCC) show
Fitness International’s Debt Ratings Upgraded
Moody’s Investors Service upgraded the debt ratings of Fitness International, LLC, the parent of LA Fitness, Esporta Fitness and City Sports Club.
Running USA Elects Board Members
Running USA member representatives approved the election of five board members to three-year director terms, which begin July 1, 2022, and conclude June 30, 2025.
Predictive Fitness x Ironman Champion Mark Allen Create Coaching Platform
TriDot, a division of Predictive Fitness, Inc., and Mark Allen, the six-time Ironman Triathlon World Champion, announced a partnership to create the TriDot Mark Allen Edition coaching platform for triathletes.
24 Hour Fitness Appoints CEO
24 Hour Fitness announced that Karl Sanft was appointed president and chief executive officer. Sanft has served as the company’s chief operating officer for the past three years.
Puma To Open Distribution Center In Phoenix
Puma signed a 15-year lease for one million square feet of warehouse space in Glendale, AZ, outside of Phoenix,
PHIT America Adds Board Member
PHIT America added Rita Mort, founding partner at Core Sports & Entertainment and Game Changers Worldwide, to its board.
Strive Closes $6M In Funding To Accelerate Growth
Strive is the online fitness platform that optimizes muscle performance for elite athletes and teams through proprietary algorithms and sensors, announced it closed $6 million in Series A funding.
Fitmint Secures First Seed Funding Round
Move-to-earn startup Fitmint raised seed funding of $1.6 million led by venture capital firm General Catalyst, with participation from iSeed, Kearny Jackson, Dweb3, and 1947 Rise, among others.
Arccos Golf Reaches Australia And New Zealand Partnership
Arccos Golf has entered into an exclusive partnership with Performance Brands Australia (PBA) to distribute its golf tech products throughout Australia and New Zealand.
Inov-8 Appoints New CEO
Inov-8 announced that Mike Snell would join the company as its new CEO in October 2022. Snell will leave his current role as commercial director for supermarket chain Asda in September 2022 before joining the UK-founded and headquartered brand.
Blast To Launch Esports Apparel In Partnership With Nike
Blast, the Esports entertainment company, has launched an esports-inspired Nike branded apparel collection.
Tivity Health Sold To Stone Point Capital
Tivity Health, which includes SilverSneakers, Prime Fitness and WholeHealth Living, has completed the acquisition by funds managed by Stone Point Capital for $32.50 per share in cash.
Everlast Launches Mobile Platform, Everlast Fitness
Everlast launched its online platform, Everlast Fitness, dedicated to boxing taught by Everlast fighters and certified professional trainers.
Pou Sheng Names New CEO, Chairman
Pou Sheng, Yue Yuen’s Chinese retail subsidiary, appointed Wang Jun as CEO, effective July 1, succeeding Shao-Wu Lee who is stepping down to become chairman.
