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M&A Deal Summary

Wahoo Acquires RGT Cycling

On April 26, 2022, Wahoo acquired consumer services company RGT Cycling

Acquisition Highlights
  • This is Wahoo’s 1st transaction in the Consumer Services sector.
  • This is Wahoo’s 1st transaction in Romania.

M&A Deal Summary
Date 2022-04-26
Target RGT Cycling
Sector Consumer Services
Buyer(s) Wahoo
Deal Type Add-on Acquisition

Target

RGT Cycling

Bucharest, Romania
RGT Cycling is a virtual reality cycling simulator that is available for PC, Mac, and Apple TV. It is used in conjunction with iOS and Android Apps and supported training hardware. Users from around the world are able to Go Beyond and connect, ride, race and train together in a virtual reality that recreates the captivating culture of real-world cycling. RGT Cycling is based in Bucharest, Romania.

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Buyer(S) 1

Buyer

Wahoo

Atlanta, Georgia, United States
Category Company
Founded 2009
Sector Consumer Products
DESCRIPTION

Wahoo provides a full ecosystem of sensors and devices for runners, cyclists, and general fitness enthusiasts. Wahoo’s products include the KICKR family of smart indoor riding equipment and accessories, the ELEMNT family of GPS devices and sport watches, the TICKR family of heart rate monitors, as well as Speedplay dual-sided pedals and the SUF structured training app to help you become the most complete athlete. Wahoo was founded in 2009 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Romania M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Wahoo Fitness - GEM Product Line

Atlanta, Georgia, United States

Wahoo Fitness LLC - GEM Product Line is a Bluetooth and ANT+ OEM module built to integrate with fitness equipment like treadmills, stair climbers, rowers, exercise bikes, and ellipticals for sharing exercise data with smart phones, tablets and leaderboard systems for group workouts.

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