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  6. Precor Acquires ClubCom

M&A Deal Summary

Precor Acquires ClubCom

On January 23, 2004, Precor acquired consumer services company ClubCom for 22M USD

Acquisition Highlights
  • This is Precor’s 1st transaction in the Consumer Services sector.
  • This is Precor’s largest (disclosed) transaction.
  • This is Precor’s 1st transaction in the United States.
  • This is Precor’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2004-01-23
Target ClubCom
Sector Consumer Services
Buyer(s) Precor
Deal Type Add-on Acquisition
Deal Value 22M USD

Target

ClubCom

Pittsburgh, Pennsylvania, United States
ClubCom is a provider of private television networks to clubs and fitness facilities. ClubCom’s offering includes audio/video entertainment and network systems, with technology enabling clubs to customize programming. Cardio Theater is the US market leader in video hardware and systems in clubs and fitness facilities.

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Buyer(S) 1

Buyer

Precor

Woodinville, Washington, United States
Category Company
Founded 1980
Sector Consumer Products
DESCRIPTION

Precor is a full-line supplier of technically advanced, premium-quality fitness equipment for the commercial and home markets. Its comprehensive product range includes aerobic exercise equipment, and strength-training and stretching systems.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1
Size (of disclosed) 1 of 1
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