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  6. Hydrow Acquires Speede

M&A Deal Summary

Hydrow Acquires Speede

On May 9, 2024, Hydrow acquired consumer products company Speede

Acquisition Highlights
  • This is Hydrow’s 1st transaction in the Consumer Products sector.
  • This is Hydrow’s 1st transaction in the United States.
  • This is Hydrow’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-05-09
Target Speede
Sector Consumer Products
Buyer(s) Hydrow
Deal Type Add-on Acquisition

Target

Speede

Chicago, Illinois, United States
Speede Fitness, a fitness technology provider, offers advanced strength training equipment designed to optimize workout efficiency through cutting-edge analytics and intelligent technology. Speede is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Hydrow

Boston, Massachusetts, United States
Category Company
Founded 2017
Sector Consumer Products
DESCRIPTION

Hydrow is the live outdoor reality (LOR)TM rower. Led by athletes including some training for the U.S. National Rowing team, Hydrow delivers a live on-river outdoor rowing experience at-home that engages two times more of the body's muscles than biking or running and that results in over 400 calories burned during a 20-minute workout. Hydrow was founded in 2017 and is based in Boston, Massachuset ts.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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